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Showing 591 - 600 of 13899 results for "State"

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
Labor winning a second term means numerous reforms that fell through the cracks in the lead up to the federal election will potentially see the finish line more seamlessly compared to another party taking power, according to ASIC. Meanwhile, APRA said ...

CFS allots Martin Currie two mandates

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
Colonial First State (CFS) has mandated Martin Currie to oversee two options in its multi-manager single-sector strategy. Martin Currie is now looking after the CFS Australian Share and CFS Geared Australian Share options, replacing Longreach CAI and ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
AMP, Insignia Financial and Challenger are poised to benefit from improved flows, lighter regulation and emerging longevity solutions despite the market volatility, analysis from Morgan Stanley shows. AMP's flow momentum is set to continue, combined ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Australia Securities and Investments Commission (ASIC) has made an order to permanently ban former Western Australia based financial adviser Neville Kendrick. Kendrick has been banned from providing any financial services, performing any function ...

Hedge fund scraps local sales role

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... and Investments, focusing on the retail, advised and superannuation channels. Before that, he was head of distribution for State Street Global Advisors for five years and ran the institutional business at Pendal Asset Management and Columbia Threadne ...

Aware Super on hunt for new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... investment chief has already commenced. Graham has served as chief investment officer for 12 years, including four years at First State Super before the merger with VicSuper to create Aware Super. Prior, he was chief investment officer of StatePlus ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... supports the AUD in the near term, unless clearer global recession signals emerge and shift the focus back to growth risks." State Street Global Advisors APAC economist Krishna Bhimavarapu agreed a May rate cut is expected, but said that's not what economists ...

Cbus chief investment officer resigns

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... including the appointments of Justin Pascoe as head of portfolio construction, who has worked at AustralianSuper, Goldman Sachs, State Street, and spent eight years as the chief investment officer at VFMC; and Jordan Kraiten who was promoted to head ...

WA takes the economic crown: CBA

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
For the third quarter in a row, Western Australia topped the economic leaderboard in the latest CommSec State of the States report. Victoria made the biggest leap, overtaking both Queensland and South Australia to move into second place. The State of ...