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Showing 641 - 650 of 2214 results for "COO"

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
A spokesperson for Channel Capital confirmed the appointment of two new directors to its distribution team, hiring from NAB and Pendal. Alana Carratelli and James Biggins will join Channel Capital in February after they serve out their gardening leave. ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
Frustration and despair will be the main course for financial advisers this Christmas, says financial services veteran. The Christmas season may potentially be the catalyst for action by exhausted advisers who are feeling physically, financially and ...

Industry fund awards mandates

KANIKA SOOD  |  TUESDAY, 17 DEC 2019
Two global managers have won mandates from a $9.5 billion superannuation fund totaling up to $150 million. Australian Catholic Superannuation and Retirement Fund has made an allocation to emerging market debt in hard currency. The managers winning the ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
APRA has launched a formal investigation into Westpac for possible breaches of the Banking Act. The prudential regulator said the investigation will focus on the conduct that led to AUSTRAC launching its criminal charges against the bank over an alleged ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
Pinnacle Investment Management has bought a 25% stake in Christopher Joye's credit boutique in a transaction that values it north of $116 million. Pinnacle is paying $29.1 million for the interest. An extra $5 million is subject to the Coolabah ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
The prudential regulator has hit Colonial First State's Avanteos Investments with additional licence conditions for charging fees to thousands of dead superannuation members. The firm, which holds a Registrable Superannuation Entity license, charged ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
"Give me a one-handed economist. All my economists say 'on one hand...', then 'but on the other..." - Harry Truman The AFR recently published an opinion piece from Kate Samranvedhya - a Bachelor of Science in Economics graduate from Massachusetts ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
APRA has put Westpac on notice; warning the disgraced bank could face fines and disqualification of senior directors and executives as it considers whether to launch legal action. APRA chair Wayne Byres told a parliamentary hearing on Monday that the ...