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Showing 831 - 840 of 9230 results for "Benefit"

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... "Investors can gain access to FIIG's investment management experience and our established process. On top of that, they benefit from the in-depth research conducted by FIIG's own credit research team," FIIG Securities chief executive Alex Welch ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... entity of the financial firm. "Basically, if a financial firm is recommending a product to its clients that it gets any benefit from, or that a related party of its gets a benefit from, it needs to really show that it's prioritising the client's ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... portfolios for over 14 years". Cohen & Steers believe the drivers of real estate fundamentals are inherently local, and benefit from having analysts on the ground in the regions they cover, MLC added, noting it has a multi-pronged approach to valuation ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... an intent to reduce regulatory burden on RSE licensees in circumstances where there may not be commensurate prudential benefit." However, trustees will still need to notify APRA if they decide to make a change to their ORFR target amount. The regulator ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... of Superannuation Funds of Australia (ASFA) also wants to see the reforms passed swiftly, with the legislation to also benefit super funds. ASFA chief executive Mary Delahunty said the move will be a "revolutionary step" for Australians to ultimately ...

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
Many see defined benefit (DB) funds as dead - dinosaurs of the retirement world. Nevertheless, they're important to the retirement ecosystem, according to Challenger institutional client solutions director Meher Edibam. While most DB schemes are closed ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...

Australian Ethical awards front office mandate

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... also oversees Australian Ethical's Infrastructure Debt Fund, which finances local projects with a social or environmental benefit. Australian Ethical chief investment officer Ludovic Theau said Roberts' appointment reflects the firm's continues focus ...