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Showing 7771 - 7780 of 29079 results for "PRI"

Australian Ethical adds to executive team

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
Australian Ethical Investments has appointed two new executives in newly created roles, adding a chief strategy and innovation officer and chief customer officer. Marion Enander will step into the role of chief strategy and innovation officer, while ...

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
Perpetual has acquired a 75% interest in a US-based asset manager. Perpetual has entered an agreement with BrightSphere Investment Group to acquire its stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley); a global manager based ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

Giselle Roux joins Melbourne boutique

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
The former chief investment officer of Escala Partners and JBWere has joined a Melbourne boutique in an investment advisory role. Roux left Escala in August 2019 after six years with the firm, following US-based Focus Financial Partners taking a stake ...

Value to be found in childcare stocks

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The government's ongoing fiscal support to the childcare industry throughout the pandemic has led to an undervaluation of childcare stock prices despite the COVID-19 surge in Victoria, according to latest research from Morningstar. Morningstar equity ...

Media Super names chief operating officer

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The $6 billion fund has appointed Elise van der Heyde, as chief operating officer ahead of the proposed merger with the Cbus. Van der Heyde joins from Link Group where she was head of product and strategy. She also previously served as a senior change ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
Only seven months before, Australia was on course to bring its fiscal budget back in the black after 12 years and an almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - ...

Non-bank lender winds up fund

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $5 million fund that invested in personal loans is winding up, after failing to achieve sufficient scale. The DirectMoney Personal Loan Fund invested in fixed-rate unsecured personal loans originated by non-bank lender Wisr Investment Management. ...

BNP Paribas adds to custody team

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
BNP Paribas has announced the appointment of Sam Meares as head of banking services operations Australia and New Zealand. Reporting to chief operating officer, David Banks, Meares will be responsible for managing the operations teams of the bank's ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...