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Showing 821 - 830 of 2086 results for "Queen"

Super fund awards $150 million fixed income mandate

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
A $152 billion US-based fund manager received a $150 million mandate from a Queensland-based industry superannuation fund. Payden and Rygel will manage a customised version of its Payden Absolute Return Investment (PARI) strategy on behalf of Sunsuper. ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
A former Suncorp Financial Services financial adviser has copped a four-year ASIC ban after the regulator found the adviser failed to act in the best interests of his clients. The adviser in question, Gerald Grubwinkler from Queensland, failed to adequately ...

New chair, deputy chair for industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
A $13 billion industry superannuation fund is welcoming a new chair and deputy chair. Cate Wood has stepped down as chair of CareSuper, with deputy chair Terence Wetherall promoted to lead the board, having served as an employer director since 2015. ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist ...

LGIAsuper appoints chief executive

KANIKA SOOD  |  MONDAY, 16 APR 2018
LGIAsuper has ended a five-month search for a chief executive, appointing a former McKinsey & Company implementation leader. Kate Farrar takes on the role at LGIAsuper having been at McKinsey & Company for nearly two years. Before that, she was a managing ...

ASIC lifts licence conditions on CountPlus subsidiary

KANIKA SOOD  |  MONDAY, 16 APR 2018
ASIC has lifted the licence conditions it imposed on a CountPlus subsidiary after it paid $2.5 million in remediation to its clients following a compliance issue in 2015. In September, 2015 ASIC placed additional licence conditions on Total Financial ...

Alternative finance the option for millennials

DARREN SNYDER  |  MONDAY, 16 APR 2018
Financial advisers managing millennial money must plan for larger exposure to alternative finance options as the generation tops Australia's user list of online lending products. Speaking at the AltFi Australasia Summit in Sydney today, OnDeck chief ...

Evans & Partners vet launches new boutique, appoints distribution head

ALEX BURKE  |  THURSDAY, 12 APR 2018
The former head of international equities at Evans & Partners has launched a new boutique and appointed a head of distribution from J.P. Morgan, flagging further hires over the next 12 months. Stephen Arnold, who managed more than $1 billion at Evans ...

Industry fund invests $100 million in renewable energy

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
One of Australia's largest superannuation funds acquired a $100 million stake in a renewable energy portfolio as part of a co-investment with a Dutch fund. Cbus and the Dutch Infrastructure Fund will hold 80.1% of the investment portfolio known as Bright ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...