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| | | Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has invested US$3.5 billion ($4.8 billion) in ride sharing app Uber. The company will use some of the money, likely in the region of US$250 million, to help it expand in the Middle East. ... |
| | | | Rabobank has appointed a new chief executive and managing director for its Australian and New Zealand business. Peter Knoblanche joins as chief executive of Rabobank Australia and managing director of the Rabobank Australia & New Zealand Group. He succeeds ... |
| | | | Overall group risk premium inflows increased 6.9% in the 12 months to the end of March 2016, the latest numbers from Plan For Life show. Of the larger companies in the group risk space, TAL, AIA and OnePath recorded the best flows with increases of ... |
| | | | Mortgage brokers are next in line to have their commissions and non-monetary incentives scrutinised by the Australian Securities and Investments Commission (ASIC). According to reports, the regulator will over the next fortnight ask the big four banks ... |
| | | | Global asset management firm Dimensional Fund Advisors has launched a Global Sustainability Trust in response to the increasing numbers of people looking to incorporate their views on environmental, social and governance (ESG) issues into their long-term ... |
| | | | The SMSF Association has formed a new partnership with stockbroking and wealth management firm Morgans Financial to improve professional standards in the SMSF sector. The association and Morgans have committed to work together to provide a range of ... |
| | | | ETF provider BetaShares has just surpassed $200 million in funds under management in its Managed Risk Series of ASX-traded funds. The success of the Managed Risk Series reflects the high growth of the Australian exchange-traded funds industry, which ... |
| | | | Real estate investment management firm Qualitas has made two senior appointments to its Sydney team. Diana Saw joins as director, risk management, and Ivan Katz as director, private capital. The new roles have been created as the firm expands its Sydney-based ... |
| | | | Vanguard Australia has launched a new exchange-traded fund (ETF) that offers investors a broadly diversified portfolio of quality corporate bonds. The Vanguard Australian Corporate Fixed Interest Index ETF (ASX: VACF) offers access to around 260 investment-grade ... |
| | | | Omega Global Investors has been awarded a $100 million global credit mandate by a $1 billion institutional investor. Uniting Financial Services, the funds management arm of The Uniting Church Synod of NSW and the ACT, appointed Omega on its ability ... |
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