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| | | ... subsequently decided to recommend that all of their clients including the pension plan of State Street's publicly-traded parent company (State Street Corporation) redeem their investments from the fund and the related funds. The SEC alleges that State ... |
| | | | ... secretary at Vanguard Investments Australia. Watt said one of the key reasons behind its stance on the UN PRI is because its parent company, The Vanguard Group, is not a signatory. Despite this, Watt said the index fund manager is doing plenty of work ... |
| | | | ... GPen before it was bought out by listed company Queensland Trustees & Investments Limited (QTI) last September from its parent company Monteray for $500,000. At the time of the acquisition, GPen (short for Global Pensions Administration System) had 100,000 ... |
| | | | ... non-U.S. business. Prior to his COO role, he was the general counsel to PIMCO Advisors L.P., formerly PIMCO's publicly listed parent company, which was sold to Allianz A.G. in 2000. Before joining PIMCO in 1996, Weil was with Bankers Trust Global Asset ... |
| | | | The American International Assurance Company (AIA) is eyeing listing on the stock exchange after its former parent company, American International Group (AIG) paid off more debt owed to the Federal Reserve Bank of New York. AIG announced it had reduced ... |
| | | | ... said that its APL will only include managed fund products that doesn't offer commissions. Last month, AXA Asia Pacific's parent company AXA SA proposed to sell its shares in AXA Asia Pacific to AMP, a deal still under negotiations. If it goes through ... |
| | | | ... throughout Australasia. Chris Townsend, chief executive of Chartis, acknowledged that the image of the insurance giant's parent company, AIG, has been tarnished followings the firm's trials during the GFC. "This is something that we have been acutely ... |
| | | | Peter Wilson from Strategic Wealth Management Solutions; Paul Little, Landmark Financial Management; Josef Stadler, PSK Financial Services and Chris Craggs from Argurion Financial Group have won the FPA's Value of Advice Awards. Wilson won the Financial ... |
| | | | ... for $500 million of Commonwealth Government May 2021 treasury bonds. In companies news, Singapore Telecommunications Ltd, parent of Optus, is to announce second quarter and first half earnings results. Qantas Airways Ltd chief executive Alan Joyce addresses ... |
| | | | ... Saphir's other main investment is a credit default swap arrangement with LBSF. Lehman Brothers Holdings, Inc (Lehmans) the parent entity of LSBF, had guaranteed it would meet the financial obligations of LBSF under the credit default swap. However, both ... |
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