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Showing 601 - 610 of 1786 results for "strength."

New investment consultant for $2bn industry fund

EMMA RAPAPORT  |  MONDAY, 27 NOV 2017
An industry super fund with $2 billion under management has ended its nine-year relationship with JANA, seeing in the New Year with a new primary investment consultant. AvSuper, winner of this years' SelectingSuper Consumer Choice award, appointed Frontier ...

Macquarie listed equities chief departs after 28 years

ALEX BURKE  |  FRIDAY, 24 NOV 2017
The head of Macquarie's listed equities group has departed after 28 years with the company. Patrick Hodgens joined Macquarie in 1989 following the acquisition of boutique equities manager Risk Averse Money Managers, having previously worked at Citibank ...

SelfWealth lists on ASX

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2017
Peer-to-peer share trading platform SelfWealth listed on the ASX today after a successful initial public offering saw $7.3 million raised. The company, comprising SelfWealth TRADING and SelfWealthPREMIUM, debuted on the ASX at 1pm and will trade under ...

Aussie fintechs among world's best

KARREN VERGARA  |  THURSDAY, 16 NOV 2017
Australia's fintech sector has reinforced its strength with 10 local fintechs appearing on a global list of the best in the world, aiming to push the envelope in financial services. Australian fintechs Prospa, ZipMoney and AfterPay Touch made the Top ...

CFS lifestage funds enter direct infrastructure

KARREN VERGARA  |  MONDAY, 13 NOV 2017
Colonial First State's lifestage funds have reached sufficient scale to invest in direct infrastructure assets for the first time. MySuper FirstChoice Lifestage superannuation products, which hold more than $8 billion in assets and traditionally invested ...

J.P. Morgan wins SMA custody mandate

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
J.P. Morgan will provide custody and equities execution services to support the new international separately managed accounts business of a $7 billion platform. Following a competitive tender process, Praemium has appointed the bank and will now offer ...

Mainstream renews boutique fund administration mandate

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
Global fund administrator Mainstream Fund Services has renewed one of its long-standing mandates, allowing the firm to deliver fund administration services to an Australian boutique manager. Following a comprehensive review of operations, Mainstream ...

Suncorp ditches plans for Tower acquisition

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
Suncorp subsidiary Vero Insurance has abandoned its efforts to acquire Tower Limited, halting its High Court appeal against the New Zealand Commerce Commission's decision to veto the move. In a statement to the ASX this morning, Vero announced it received ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...

Macquarie tops Australian asset manager list

ALEX BURKE  |  TUESDAY, 31 OCT 2017
Macquarie Group remains the largest Australian-based asset manager in the world - and the only one in the top 100 globally, according to Willis Towers Watson research. WTW's annual Global 500 research positions Macquarie, with US$362 billion in assets ...