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| | | The former head of Fidelity's institutional business in Australia has joined Principal Global Investors. Warwick Boys will join Principal as director of institutional sales for Australia. Boys led Fidelity's institutional sales team for four years and ... |
| | | | An Australian funds manager has stepped up to address under-representation of women in the sector. Plato Investment Management has partnered with The University of Technology, Sydney (UTS) to develop a program for women who want to work in finance. ... |
| | | | While the majority of life insurance claims are paid in the first instance (92%), the wait and resolution times vary significantly across providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest ... |
| | | | The annual FICAP 'Who Wants to be a RockStar?' event was a resounding success, as the financial services industry dug deep for charity. The event raised almost $300,000 for Raise, Learning Links and the Starlight Children's Foundation. About 800 people ... |
| | | | The chair of a $70 billion industry superannuation fund will take over as chair of QIC next month. UniSuper chair Ian Martin has been named the new chair of QIC, effective April 1. He succeeds Don Luke who is retiring. Martin brings more than 30 years' ... |
| | | | AMP Capital hired a former Apple operations executive as a senior adviser in its infrastructure equity business. Thomas Preising has joined AMP Capital, as the firm begins an effort to streamline and enhance the operations of its global infrastructure ... |
| | | | ... the terms of reference said. "In undertaking its assessment, the panel should take as given APRA's legislative framework, except as outlined [below] in relation to APRA's statutory powers," it said. As part of its work the panel should evaluate the extent ... |
| | | | Brookfield Asset Management is set to acquire 62% of Oaktree Capital, creating a $672 billion alternative investment behemoth. The 120-year-old Canadian firm will pay roughly $6.8 billion for the stake in Oaktree Capital. Following the transaction ... |
| | | | ... as Q4 2018, the British economy has grown faster than all of its G7 peers -- Japan, Germany, France, Italy and Canada - except for the US. The FTSE-100 index even reached an all-time high in May 2018. Likewise, the country's unemployment rate has ... |
| | | | Self-managed superannuation funds renewed their focus on blue chip stocks amid market uncertainty in the second half of 2018, the latest CommSec SMSF trading trends report shows. The sector had been cooling to the top stocks for some time. Almost 40% ... |
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