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| | | ... year. "The investment bond business is considered adjacent to Insignia Financial's core strategic priorities and the sale will provide improved business focus and clarity, while IOOF Ltd's policy holders will benefit from joining the Australian ... |
| | | | AMP is expanding its executive leadership as it moves to a flatter organisational structure following its recent divestments. The wealth manager said it will elevate the leadership of its platforms and advice businesses in two new roles on its executive ... |
| | | | The investment management consultancy firm, which specialises in multi-asset managed accounts, has brought John Nicoll on as distribution executive. Nicoll brings over 22 years of experience in the financial services sector, having previously served ... |
| | | | UniSuper achieved double-digit returns for FY23, revealing the shares that helped get it there and those that held it back. With more than $120 billion in assets under management, the fund returned 10.3% to members invested in the default Balanced option ... |
| | | | In a newly created role, Pinnacle Investment Management Group (Pinnacle) has appointed Michael Putica as managing director, Americas. Putica has spent the last 17 years at State Street Global Markets as both its managing director, portfolio solutions ... |
| | | | Challenger has settled the sale of its real estate business to Elanor Investors Group for the final price of $38 million. The total consideration, which represents 24.8 million shares issued in ASX-listed Elanor (ENN), is before-tax and transaction ... |
| | | | James Sinclair joins the technology company as its new head of growth and partnerships, superannuation. Sinclair brings seven years' experience to his new role, most recently serving as a senior sales executive, Australia and New Zealand at Fidelity ... |
| | | | The disgraced director of Select AFSL, the company the Hayne Royal Commission exposed for hawking life and funeral insurance to vulnerable customers, has been banned from managing a company for five years, while his companies were fined $13.5 million. ... |
| | | | ... Group (Cromwell) and Hong Kong-based asset manager Value Partners Group have established a joint venture, exchanging on the sale of a 50% stake in the Cromwell Italy Urban Logistics Fund assets. The seven properties that make up the fund are 100% leased ... |
| | | | The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ... |
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