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Showing 871 - 880 of 2856 results for "Initiative"

FS Power50: Vote now

STAFF WRITER  |  TUESDAY, 25 AUG 2020
Voting has opened for the 2020 FS Power50, recognising the most influential financial advisers in Australia. This year, Financial Standard received more than 170 nominations for the FS Power50 and the voting process has now launched. "The FS Power 50 ...

Zurich rejigs operations team

KARREN VERGARA  |  MONDAY, 24 AUG 2020
Zurich Life & Investments has made a series of leadership changes across its operations team, taking the next steps to integrate with OnePath. Tina Beilby has moved to the newly-created role of head of operations, integration. Beilby is now responsible ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... Economics on August 14, he offered a different prescription. "Give man a fish" - JobKeeper, JobSeeker, Backing Business Initiative, HomeBuilder initiative - "and you feed him for a day" (these schemes have limited the negative impact of the coronavirus ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and ...

CareSuper awards custody mandate

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
NAB Asset Servicing has lost its custody mandate for CareSuper after more than 20 years with the industry superannuation fund. CareSuper has appointed J.P. Morgan as custodian of the $16 billion fund, having proven itself to be "the most suitable custodian ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Praemium has posted a positive full-year result despite the impacts of global headwinds caused by the COVID-19 pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... funds continue to deliver necessary services to members, have successfully implemented the Government's early release initiative and continue to support the Australian economy in these troubled times through the deployment of patient and responsible ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...

Impact investing seeks to address racial inequality

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
A new initiative in the US, with $4 million in backing from J.P. Morgan Chase, has seen a small business lender and an impact investor come together to address racial inequality. CDC Small Business Finance and Capital Impact Partners, which describes ...