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Showing 611 - 620 of 4658 results for "LED"

FEAL names Fund Executive of the Year

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... has "embarked on a strategic plan over several years that aimed at expanding the fund and enhancing member services, which led to an increase in both membership and the fund's assets." Her achievements include introducing the 'boutique at scale' ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... certain sectors." Pinnacle announced it will own 25% of Life Cycle Investment Partners, formerly Royal London Asset Management. Led by Peter Rutter, the new boutique offers style-neutral, long-only, global equities. Pinnacle flagged it will add further ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... distinctive logo which enjoys strong and positive recognition amongst its membership." As previously confirmed, it will be led by current Spirit Super chief executive Jason Murray and chaired by current CareSuper chair Linda Scott. The remainder of the ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... average in 2023 to 99 in 2024, a drop of 17.5%, according to the 2024 Adviser Business Model Report. While recent fee increases led to substantial client attrition, this has resulted in higher earnings and funds under advice (FUA). FUA has grown by 10% ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... through the destabilising impacts of COVID-19 and the complex market environment in the years following the pandemic. He also led a number of significant redevelopments at our assets in line with evolving consumer preferences." QIC recently appointed ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... investors of Pendal Asset Management drove the exodus, walking away with a whopping $3.4 billion. The large-cap strategies led the biggest net outflows of $1.1 billion, followed by the diversified ($0.7bn) and cash ($0.9bn) strategies. Pendal reported ...

Cbus hires from VFMC for key ESG role

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024
... held several sustainable investing advisory roles including with the Australian Sustainable Finance Initiative. Williams also led UniSuper's strategy and approach to ESG. She left the super fund in 2019 after 11 years. She has held leadership roles ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... clients whose contributions weren't directed into a MySuper product when they should have been; this conduct has also led to Insignia Financial entering a court enforceable undertaking with APRA, also announced today. Finally, the balance of $20 ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... monitoring the supervision of its representatives. However, ASIC found that they failed to manage conflicts of interests, which led to aggressive sales tactics by XTrade's representatives toward Australian clients. They also didn't take adequate steps ...

Perpetual global head of distribution exits

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... following its acquisition of Pendal when Perpetual merged its regional asset management businesses to form one global division led by Rob Adams as chief executive. At that time he also joined the group executive committee. Perpetual hired the former ...