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Showing 821 - 830 of 4660 results for "LED"

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... Suisse, said: "The sale of the Life business is a foundational step in our strategic transformation to become a simpler, client-led and growth-oriented organisation. It's also a historic moment as AMP ceases to be a life insurer after 170 years." AMP ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to 1H23, Westpac said it remains in a strong ...

Watershed Funds Management appoints head of distribution

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... expand the distribution of its investment capability across Australia. She joins Watershed after a tenure at HUB24, where she led the distribution teams for Victoria and Tasmania as state manager for more than three years. Prior to HUB24, Pearson held ...

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
... outcomes. State Super chief executive John Livanas said: "We wish Andrew the very best in his new venture." At State Super, Huang led the design and implementation of the fund's first strategic investment in companies that are expected to financially ...

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... officer. The changes were introduced as Magellan went into damage control, sparked by losing a massive mandate in late 2021 that led to more investors fleeing and key people such as Brett Cairns leaving. Meanwhile, Andrew Formica has been appointed non-executive ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... landscape to help more Australians retire better," IFS chief executive Csaba Baranyai said. "This work will be research and member-led - rather than trying to fit a member service offer into an existing technology platform. Technology must be shaped ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... Annick Donat said: "The agreement between Madison and PDG represents a significant opportunity for our advisers to build a peer-led community. Both groups have a long history in advice and this arrangement will ensure they continue to prosper. Our respective ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... million for the 12 months to June 2023, down from $906 million the year over. The group said exposure to property valuation risk led to the slump, which translates to 14.7 cents per stapled security, however the results are in line with revised guidance ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... latest funding follows a $3 million cash injection from a group of investors that included Alium Capital and H2 Ventures and led by ETF Securities founder Graham Tuckwell in May. The consortium invested an initial $2.2 million in 2017. Stockspot founder ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... its superannuation and corporate trustee services division, creating a $150 million business. The combined business will be led by Andrew Godfrey as executive general manager, corporate and superannuation trustees. "We see very clear alignment of the ...