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Showing 881 - 890 of 2485 results for "Land"

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
Suncorp will divest its wealth division to an industry fund, transferring $6.4 billion in assets under management and 137,000 members. LGIAsuper will pay $45 million for the acquisition of Suncorp Portfolio Services and will retain about 130 staff that ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
The Sunshine State is joining Victoria and the nation's capital in banning the Commonwealth Bank's school-banking program. Queensland minister for education Grace Grace announced her department will not renew its agreement with CBA when it ends on 31 ...

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
New research from Investment Trends has revealed how investors choose ESG product providers, and it's bad news for some of the big names in funds management. According to the research, conducted by Investment Trends and Australian Ethical, 87% of ...

Former Franklin Templeton retail head finds new role

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
The former head of retail business for AMP Capital and Franklin Templeton has landed a new in business development at a fund manager. Manuel Damianakis has been appointed senior business development manager at Cooper Investors. He confirmed to Financial ...

Perennial establishes ESG boutique

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021
Perennial Partners has spun its ESG team and flagship ESG fund into a separate boutique investment business. Perennial Better Future will include the Perennial Better Future Trust and the associated active ETF, the eInvest Better Future Fund (IMPQ) ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
The $59 billion super fund has launched the responsible investment option Financial Standard revealed it was working on late last year, introducing one of the lowest cost SRI vehicles in the market. Rest's 1.7 million members will now have access to ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... didn't cause a stir among Australians. And it shouldn't, because the coronavirus had been virtually vapourised in this land girt by sea and the strengthening domestic economy. The recovery will receive extra impetus if the latest confidence surveys ...

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
Orders have been made in a case brought against the Commonwealth by a 23-year-old student over climate change risk as it relates to government bonds, as the government attempts to stop the class action. Katta O'Donnell is seeking to hold the Australian ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
Northern Trust Asset Management's local business swelled its client assets by 70% last year as it added four new institutional mandates. The business has been in Australia for about five years, and currently employs seven people with another hire ...