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Showing 6311 - 6320 of 29074 results for "PRI"

ME Bank acquisition receives green light

KARREN VERGARA  |  MONDAY, 21 JUN 2021
The federal government has approved the Bank of Queensland's acquisition of ME Bank, which was formerly owned by industry superannuation funds. ME Bank will officially become part of the BOQ group. The two firms said they will continue to operate ...

Rest appoints Aussie equities head

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
The industry superannuation fund has hired from Australian Catholic Superannuation and Retirement Fund as it continues its hiring spree for the internal investment team. Chris Drew has been named as head of Australian equities, overseeing the asset ...

Aware Super, MIRA acquisition progresses

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
The Foreign Investments Review Board (FIRB) has approved the $4.6 billion acquisition of Vocus by a consortium made up of Aware Super and Macquarie Infrastructure and Real Assets (MIRA). The consortium's bid values Vocus at $5.50 per share, which is ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
Disappointing. This is the one word that describes the latest batch of activity indicators out of China. The National Bureau of Statistics (NBS) released retail sales, industrial production and fixed asset investment that were still stronger than usual ...

AFCA names human resources lead from ME Bank

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
The Australian Financial Complaints Authority (AFCA) has appointed a human resources lead, who is currently an executive at ME Bank. Paul Kearney joins AFCA as executive general manager of people and culture on July 5. Kearney has been ME Bank's general ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
With Catholic Super and Equipsuper set to officially merge at the end of the month, chair Andrew Fairley will hand over the reins - but he has "no interest in going home to mow the lawns". After more than 12 years at the helm of Equip, two of which ...

Plenary hires team of seven from AMP Capital

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund. Plenary had already announced that Julie-Anne Mizzi, who had spent 17 years at AMP Capital and led its $1.24 billion Community Infrastructure ...

J.P. Morgan acquires digital wealth manager

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
J.P. Morgan Chase has acquired a digital wealth manager in a move to further its launch of Chase as a digital bank in the UK later this year. Nutmeg is an independent digital wealth manager in the UK and J.P. Morgan plans to integrate it into its digital ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
"It's raining men! Hallelujah! It's raining men!" -The Weather Girls Australian 'men' (and women) at work' that is. According to the Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 ...

HSBC makes alternatives push

JAMIE WILLIAMSON  |  THURSDAY, 17 JUN 2021
HSBC Asset Management is launching a single business unit dedicated to alternatives with $69 billion in assets, to be led by its current global chief investment officer. HSBC Asset Management announced it will combine its existing capabilities in the ...