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Showing 621 - 630 of 1117 results for "MIT"

Ophir appoints new portfolio manager

ALEX BURKE  |  MONDAY, 22 JAN 2018
Small and mid-cap boutique Ophir Asset Management has recruited a new portfolio manager to work alongside co-founders Andrew Mitchell and Steven Ng. Tim Mitchell joins Ophir from Wavestone Capital, where he was an equity analyst. Prior to that, he was ...

International automotive alliance launches new VC fund

ALEX BURKE  |  THURSDAY, 11 JAN 2018
The Renault-Nissan-Mitsubishi Alliance is launching a new corporate venture capital fund. Alliance Ventures, in which the alliance plans to invest up to US$1 billion - starting with $200 million in year one - is targeted at fostering development in ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

Ophir Asset Management expands investment team

EMMA RAPAPORT  |  TUESDAY, 28 NOV 2017
Australian small and mid-cap equities manager Ophir Asset Management is strengthening its investment team with the appointment of a new investment analyst. Joshua Clark joins Ophir with a strong background in smaller company research, following recent ...

Global manager to merge key investment firms

JAMIE WILLIAMSON  |  TUESDAY, 14 NOV 2017
The world's largest multi-boutique asset manager is consolidating three of its biggest US investment managers to create a specialist AU$733 billion multi-asset manager. BNY Mellon Investment Management has announced that Mellon Capital Management, Standish ...

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 ...

Tanner appointed to Suncorp board

EMMA RAPAPORT  |  MONDAY, 13 NOV 2017
Former Federal Minister for Finance and Deregulation Lindsay Tanner has joined the board of Suncorp Group as a non-executive director. He fills one of the vacancies created by the retirement of Bill Bartlett and Ewoud Kulk after the Suncorp AGM in September. ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
Financial advisers making the switch to goals-based advice must ensure they are adequately covered with professional indemnity insurance. That was the warning heeded by delegates at the inaugural Association of Goals Based Advice conference in Sydney ...

Capital Group takes aim at the fund size myth

ALEX BURKE  |  THURSDAY, 2 NOV 2017
The notion that asset managers can't deliver outperformance past a certain capacity threshold needs to be put to bed, according to Capital Group head of Australia Paul Hennessy. Speaking at a media event in Sydney, Hennessy noted that Australian investors ...

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 ...