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Showing 761 - 770 of 3731 results for "Though"

T. Rowe Price names chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
T. Rowe Price's group chief investment officer will succeed its outgoing chief executive Bill Stromberg at the end of the year. Rob Sharps is currently president, head of investments and a member of the firm's management committee in addition to his ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... decisions," Mota said. "This gives us a strong platform for future growth, including the enhanced ability to attract new FUMA though our extended scale and reach." IOOF expects a one-off non-cash impairment charge of $200 million, subject to final audit ...

Wells Fargo AM rebrands, names chief

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
A newly rebranded Wells Fargo Asset Management appointed a new chief executive who will lead it as an independent firm. Wells Fargo will transition to Allspring Global Investments under the leadership of Joseph A. Sullivan. Sullivan is the former chair ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... off, with Aon paying WTW a US$1 billion termination fee. In a statement, the companies said it was a mutual agreement - though the decision was forced by lack of regulatory approval in the US. The US Department of Justice had been opposed to the merger ...

Sydney world's strongest luxury real estate market

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
... others have opted to relocate, upsize, downsize or buy a second home/investment property." There are headwinds for Sydney though - most notably the spread of the Delta COVID-19 variant and continuing lockdowns, as well as the slow vaccine rollout - which ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... investments in-house, of which about $12 billion is "sustainable money", which O'Sullivan says he is proud of even though UniSuper members may not agree with the fund's view on sustainable investing. UniSuper, like many other industry funds has ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

Significant drop in charitable giving

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
... who rely on fundraising events and volunteers," JBWere Philanthropic Services co-founder John McLeod said. "There is hope though that giving is on the rise. Evidence suggests that late 2020 may have marked the turning point for a recovery in giving with ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
The $130 billion industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer ...

Alphinity adds to global equities team

ANNABELLE DICKSON  |  MONDAY, 5 JUL 2021
... their complementary, diverse backgrounds bring new and alternative perspectives that will enrich discussions as we work though our well-established investment process." The appointments come after Lachlan MacGregor resigned from the global equities team ...