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Showing 641 - 650 of 1395 results for "MAG"

Lowy hands over keys to the Westfield kingdom

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Australian retail magnate and pre-eminent philanthropic figure Sir Frank Lowy is selling the Westfield retail empire he co-founded to a Parisian commercial property company. Under the terms of the agreement, Unibail-Rodamco will acquire Westfield for ...

Magellan research head departs following restructure

ALEX BURKE  |  MONDAY, 11 DEC 2017
Magellan's head of research, Nikki Thomas, has left the company after 10 years following a restructure of the investment team. Thomas was promoted to the head of research role in 2014, having been a portfolio manager since 2011. She joined Magellan ...

Cbus expands senior investment team

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
As part of expanding its in-house investment capability, a $41 billion industry super fund is welcoming three senior appointments to its investment team. Former head of portfolio management at NAB, Patricia Lindenboim, is joining Cbus as head of strategy ...

Fund managers should have personal stake: Poll

KARREN VERGARA  |  MONDAY, 27 NOV 2017
Fund managers should 'put their money where their mouth is' and have a personal stake in the funds they manage, Financial Standard's weekly poll results show. About 80% of respondents either agree or strongly believe this statement, indicating portfolio ...

Leading asset consultant makes specialist hire from NAB

ALEX BURKE  |  THURSDAY, 23 NOV 2017
One of Australia's largest asset consultants has named a new specialist hire. Nam Tran joins Frontier Advisors as specialist consultant from NAB, where he held multiple roles, most recently as associate director, institutional banking. Prior to that ...

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
The Hong Kong branch of HSBC's private banking division was fined a record HK$400 million (AU$67 million) for material systemic failures in the lead up to the GFC. Hong Kong's Securities and Futures Appeals Tribunal upheld the Securities and Futures ...

Advisers divided on mixing advice: Poll

KARREN VERGARA  |  MONDAY, 6 NOV 2017
Financial advisers are divided when it comes to combining human advice with robo solutions. About 43% of advisers want to embed digital or robo solutions together with face-to-face advice, while an equal number completely shun this idea. Only 13% of ...

Industry fund restructures, hires for member engagement

JAMIE WILLIAMSON  |  FRIDAY, 3 NOV 2017
A $14 billion superannuation fund consolidated its member support and financial planning teams, creating an executive officer, member engagement role to lead the new division. Equipsuper has brought all of its contact and advice teams under one umbrella ...

Forgery sees former NAB adviser sentenced

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
A former NAB adviser pleaded guilty to two charges of forgery brought against him by ASIC. Shane Thompson of New Gisborne, Victoria was fined $1000 and forced to pay $223.30 in costs by the Melbourne Magistrates' Court for forging and submitting financial ...

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
A Pinnacle affiliate has launched the initial public offering for a new small cap listed investment vehicle. Spheria Asset Management is aiming to raise up to $250 million for Spheria Emerging Companies Limited (SEC), which will invest in a portfolio ...