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Showing 8961 - 8970 of 29084 results for "PRI"

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
A former Kinetic Super chief investment officer has been appointed as the interim investment chief of a $4 billion industry fund. Former Kinetic Super chief investment officer Paul Kessell has joined legalsuper as the fund's interim chief investment ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Australia's sovereign wealth fund returned a stellar 11.5% in the year to June, but how much did it spend on fees? In its annual report published this week, the Future Fund reported it had a "direct ratio cost" of 0.203% and "look-through costs" ...

Rainmaker Group announces acquisition of Industry Moves

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
The Rainmaker Group, publisher of Financial Standard and Money magazine, has added to its growing media portfolio with its acquisition of Industry Moves ( industrymoves.com ), Australia's leading publication on executive recruitment, leadership ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
The Australian Prudential Regulation Authority will not appeal the Federal Court decision to dismiss its court action against IOOF. The case related to the management of conflicts of interest, the appropriate use of superannuation fund reserves and ...

IFM pushes into large scale private equity

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
IFM Investors has announced it will make a concerted push into larger scale private equity investments with the appointment of Jeremy Larkin to head the initiative. Larkin spent 25 years in corporate finance at Deutsche Bank and J.P. Morgan, also working ...

Industry fund head jumps to Mercer

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
A $52.8 billion industry fund's general manager of member engagement has moved to the corporate superannuation team at Mercer. Joanne Caruana was at HESTA for almost three years where she was responsible for leading a team of superannuation advisers ...

Challenger director jumps to global manager

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
A global private markets manager has hired an experienced Challenger director to lead its efforts in Australia and New Zealand. Warwick Mancini is joining HarbourVest Partners as a principal, making him responsible for investor relations for the region. ...

CountPlus firm acquires advice boutique

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A member of the CountPlus network has acquired a boutique financial planning practice. Kidmans Partners has acquired Latitude Advisory Services in a move designed to broaden its offering. Latitude managing principal Rod Geilman is set to become a principal ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A former financial adviser with a 25-year ban from the profession is facing court for allegedly using almost $2 million in client funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the ...

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
Reserve Bank deputy governor Guy Debelle said despite historically low interest rates and a rise in loan approvals, turnover in the housing market remains low. Speaking at the CFA Societies Australia Investment Conference event in Sydney the deputy ...