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Showing 891 - 900 of 13904 results for "State"

Warakirri terminates Flinders fund

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
Warakirri Asset Management is winding up the Flinders Emerging Companies Fund, saying it's in the best interests of all investors. The fund was launched in September 2015 and only has about $105 million in funds under management. It consistently ...

UBS terminates Future Leaders small cap fund

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
UBS has pulled the plug on its Future Leaders Global Small Companies Fund, less than two years after its Australian launch. The fund, which was an actively managed global strategy of 40 to 60 small cap "future leader" stocks, designed to provide investors ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... rising employment figures, the likelihood of them bringing forward a much-anticipated rate cut remains small." Meantime, State Street Global Advisors APAC economist Krishna Bhimavarapu said the fresh CPI read should hopefully help guide the RBA towards ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

KKR nabs JP Morgan sales manager

ELIZABETH FRY  |  TUESDAY, 29 OCT 2024
... products that better fit advisors and their clients. Previously, Crothers was a business development manager for Colonial First State Global Asset Management, looking after financial advisers and dealer groups. Before this, she also worked for the Commonwealth ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
Colonial First State (CFS) is introducing a bunch of fund manager, asset allocation, and fee changes to two of its FirstChoice products from November 16. For FirstChoice Employer Super, Platypus Australian Equities will take over as investment manager ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...

CommSec names new chief economist

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
... years with the firm. Felsman has been with CommSec since 2017 as senior economist. Prior to that he worked at Colonial First State holding several positions including as an economist and investment manager. He has also held roles at MIR Investment Management ...

amicaa head of distribution exits

ELIZABETH FRY  |  MONDAY, 28 OCT 2024
... Management following Westpac's full acquisition of BT Financial Group in late 2002. Earlier, he worked at Colonial First State, covering corporate superannuation. amicca was founded in 2019 by David Wood as chief executive, Cathy Hales as executive ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
After assessing a large volume of Dixon Advisory complaints, the Australian Financial Complaints Authority (AFCA) warned financial advisers of their responsibilities to manage conflicts of interest under the Conflicts Priority Rule. AFCA senior ombudsman ...