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Showing 41 - 50 of 1606 results for black

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ...

Blackwattle to take over Watermark fund

CHLOE WALKER  |  MONDAY, 23 OCT 2023
Blackwattle Investment Partners (Blackwattle) will take over responsibility of the Watermark Absolute Return Fund (WARF) following the retirement of its founder, Justin Braitling. The independent fund manager is already well acquainted with Blackwattle ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ...

BlackRock unveils new gold ETF

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
The BlackRock iShares Physical Gold ETF (GLDN) will soon be available to financial advisers and investors, offering exposure to physical gold at a low cost. Priced at 18 basis points (or 0.18%), GLDN reflects the fund manager's commitment to providing ...

CBRE IM appoints APAC managing director

CASSANDRA BALDINI  |  MONDAY, 16 OCT 2023
CBRE Investment Management has appointed Evan Gallagher as the managing director of its Asia Pacific client solutions team. Gallagher, who is based in Sydney, will be responsible for leading client engagement activities with institutional and wealth ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
PwC Australia boss Kevin Burrowes and former chief executive Luke Sayers were grilled this morning in a Senate Inquiry as fallout continues over the embattled firm's tax scandal. Emails sent by former PwC head of international tax Peter-John Collins ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The private credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Disgruntled AMP shareholders are set to receive $84 million out of the $110 million class action settlement after legal fees are taken out should the court approve the proposed amount. Maurice Blackburn will take a $26 million cut of the settlement ...