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Showing 71 - 80 of 10983 results for "Account"

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... asset allocation, diversification, and other value-adding activities. By contrast, the current test does not explicitly account for risk in its assessment of investment returns." The third option is to regularly review the benchmarks. A routine review ...

HUB24 hires head of retail distribution

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
HUB24 has appointed Nathan Taggart as head of retail distribution. Taggart joins HUB24 with more than a decade of senior leadership experience across distribution, adviser engagement and strategic growth roles within financial services. Most recently ...

Platinum Asset Management awards back-office mandate to Apex Group

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... details from Apex on instructions for registration, and functionality including other enhanced features. All transaction and account enquiries will also be directed to Apex's contact moving forward, it said. "Platinum account numbers will be replaced ...

JANA hires general manager, wealth

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
The asset consultant picked BT's former managed accounts lead to head up its wealth division. JANA Investment Advisers has appointed Zac Leman to the newly created position of general manager, wealth. Leman was most recently head of managed accounts ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
Australia's support income system is facing significant strain, with a sharp rise in people unable to work due to illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) ...

Vision Super to close Diversified Bonds option

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... Cash investment option to be an appropriate replacement investment strategy for the Diversified Bonds option, taking into account its return and risk profile." Portfolio holdings at the end of 2025 show that Amundi Singapore is the external fund manager ...

Magellan awards $5.3bn global equities mandate

ELIZA BAVIN  |  TUESDAY, 5 MAY 2026
... strategy and appointment of Vinva as investment manager for the funds is in the best interests of unitholders, taking into account evolving client needs, portfolio construction trends, investment performance and fee competitiveness." As a result of the ...

Generation Life, PPS Mutual make senior distribution hires

KARREN VERGARA  |  TUESDAY, 5 MAY 2026
Generation Life and PPS Mutual are bolstering their distribution teams with senior hires. Generation Life named Robert Coulter as national key accounts manager, joining from Allianz Retire+ where he served as head of key accounts. Coulter will focus ...

QIC faces heat over aviation firefighting asset privatisation

RIDDHIMA TALWANI  |  TUESDAY, 5 MAY 2026
QIC is facing pressure from the United Firefighters Union of Australia Aviation Branch (UFUAV) over its involvement in a deal that could effectively privatise part of Australia's Aviation Rescue Fire Fighting Service (ARFFS). The ARFFS is owned ...