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Showing 891 - 900 of 2950 results for "August 2014"

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
A class action has been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
Perpetual Investment Management is handing over Garry Laurence-led global shares strategies to the investors at its US acquisition Barrow Hanley. The funds include Perpetual Global Shares Fund and Perpetual International Share Fund. Its internal global ...

Boutique appoints chief operating officer

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A Melbourne boutique has hired a new chief operating officer, who has previously worked in similar roles at Perennial and Prodigy. Lewis Bearman is joining Blue Orbit Asset Management in the newly-created role effective August 4. Bearman was most recently ...

Australian Unity names chief executive

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australian Unity has nabbed the Bank of New Zealand's head of private banking, wealth and insurance to lead its retail business, following the resignation of the incumbent. BNZ chief customer officer of private, wealth and insurance Christine Yates ...

State Street to launch ESG ETF

ANNABELLE DICKSON  |  MONDAY, 27 JUL 2020
State Street Global Advisors is expecting to launch a new low-cost environmental, social and governance (ESG) ETF on the ASX on August 5, with a similar risk-return to the ASX 200. The SPDR S&P/ASX 200 ESG Fund will go by the ticker E200 and is the ...

Giselle Roux joins Melbourne boutique

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
The former chief investment officer of Escala Partners and JBWere has joined a Melbourne boutique in an investment advisory role. Roux left Escala in August 2019 after six years with the firm, following US-based Focus Financial Partners taking a stake ...

Value to be found in childcare stocks

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The government's ongoing fiscal support to the childcare industry throughout the pandemic has led to an undervaluation of childcare stock prices despite the COVID-19 surge in Victoria, according to latest research from Morningstar. Morningstar equity ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ...

Iress wins mandate

KANIKA SOOD  |  MONDAY, 20 JUL 2020
A Sydney boutique has picked Iress's portfolio system for its high-conviction Australian equities funds. Quest Asset Partners has been using Iress's trading and market data software since the firm's inception in 2004. It will now also use Iress's portfolio ...