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Showing 61 - 70 of 2944 results for "August 4"

EQT stands firm on defence, blames ASIC, third parties

KARREN VERGARA  |  MONDAY, 19 JAN 2026
Equity Trustees (EQT) is standing firm on defending itself against culpability for the Shield Master Fund collapse and ensuing investor losses, blaming ASIC for not doing its job, as well as third-party providers for their failures. Releasing its Summary ...

Diverse leadership cements business growth, positive workplace culture: HESTA

MATTHEW WAI  |  WEDNESDAY, 14 JAN 2026
A new report found that all signatories to the 40:40 Vision initiative believe that greater gender diversity has benefited workplace culture and business performance, but women remain "significantly" underrepresented in executive leadership teams (ELTs) ...

KKR chief operating officer steps down

ANGELIQUE MINAS  |  MONDAY, 12 JAN 2026
Private equity and investment firm Kohlberg Kravis Roberts & Co (KKR) announced that Ryan Stork will step down from his role as chief operating officer effective immediately. KKR announced the departure of Stork in a regulatory filing dated January ...

Magellan records drop in assets under management

ANGELIQUE MINAS  |  WEDNESDAY, 7 JAN 2026
Magellan Financial Group (MFG) reported its assets under management (AUM) have reduced in the three months to December 2025. Total AUM decreased from $40.2 billion as at September 30, to $39.9 billion as at December 31 last year. Reporting on its two ...

Rate hikes expected in 2026

ELIZA BAVIN  |  MONDAY, 5 JAN 2026
Persistent inflation has some economists predicting that the Reserve Bank of Australia (RBA) will raise interest rates at its first meeting of the year in February. Commonwealth Bank economist Ashwin Clarke said the bank has revised its forecasts, now ...

Most read in 2025: Executive appointments

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
Many of the top stories that dominated the year in executive appointments surrounded the superannuation sectors' C-suite. From chief executive departures, chief investment officer switch ups and, in one case, an entire operational due diligence ...

Adviser of MWL, UGC banned for seven years

MATTHEW WAI  |  MONDAY, 22 DEC 2025
Melbourne-based financial adviser Louis Van Coppenhagen has been banned from providing financial services for seven years over a series of misconduct when he was an authorised representative of MWL Financial Services (MWL) and United Global Capital ...

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
From cyber breaches to mergers and increased regulatory action, there has been a raft of news surrounding the superannuation sector this year. Minimum standard services for super funds welcomed Treasurer Jim Chalmers and former Assistant Treasurer Stephen ...

Cbus operations chief heads for exit

KARREN VERGARA  |  THURSDAY, 18 DEC 2025
The chief operating officer at Cbus will leave the fund this month. A spokesperson for Cbus confirmed Nancy Day has resigned as chief operating officer of the $105 billion super fund. Day joined Cbus in August 2018 as head of investment operations before ...

Receivers appointed to First Mutual Private Equity

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ...