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Showing 741 - 750 of 3872 results for "August"

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... is an exceptional addition to our team." In joining, Musicco will replace Dan Bienvenue who has acted in the role since August 2020 following the resignation of Ben Meng who was accused of failing to fully comply with the California Fair Political Practices ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... with a $20 million penalty for charging over 25,000 customers more than $50 million in fees for no service. Between 21 August 2014 and 30 June 2018, Aware Financial Services, formerly StatePlus, charged about 25,300 customers a total of $50 million in ...

Former Pinnacle executive in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 16 FEB 2022
... role of investment specialist. Dell served as Pinnacle's distribution director for more than six years before departing in August last year. Prior to that he spent close to seven years at RARE Infrastructure (now ClearBridge Investments), first as head ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... 6060 active advisers using Panorama, which has $108 billion in FUA in aggregate. Panorama was unusable for a week in early August 2021, leaving many advisers infuriated. Rady said having recently completed the migration of BT Wrap, advisers can expect ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... senior banking executives, in relation to criminal cartel allegations arising from an ANZ institutional share placement in August 2015 worth $2.5 billion. The Australian Competition and Consumer Commission led the investigation and later referred it ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... that the Magellan Global Fund Open Class lost $737 million in the fourth quarter of last year. Accounting for the month of August, the fund lost nearly $1 billion. Magellan's troubles began in the second half of 2021, when institutional shareholder ...

New chief executive for Fintech Australia

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... industry." Porter's appointment comes after former chief executive Rebecca Schot-Guppy stepped down from the position in August last year.

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May, July, and August 2021 sittings. For the level two examination, just 46% of the 18,047 candidates passed. This was an improvement from ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... 33% year on year. Its share of affiliate profits comes to $39.2 million, up 23% on the prior corresponding period. Last August saw an outflow of $3.9 billion from an Omega Global Investors passive mandate. "Whilst we experienced institutional net outflows ...

Rest strengthens investment team

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... investment operating model and technology platforms following the appointment of Andrew Lill as chief investment officer in August 2020." It also follows the appointment of Lydia Vitalis who joined the fund in November 2021 as head of investment product ...