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Showing 911 - 920 of 5998 results for "WES"

Australian Ethical hires from BlackRock

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
Australian Ethical has announced two new appointments, with one role being an internal hire and the other coming from BlackRock. Jeannie Bredberg will take on the role of senior manager - adviser relationships for Victoria, while Russell Menzies will ...

Watermark sheds market neutral fund

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
The Sydney boutique is handing over its $36 million market neutral fund to another manager, as it looks to focus on its long/short strategies. The Watermark Market Neutral Trust, which has been running for eight years, will transition to Dalton Street ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
ASX-listed Generation Development Group is set to pay about $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
State Street was handed a $1.25 million fine by AUSTRAC for allegedly breaching 99 times its obligation to report international transfers to the agency under Anti-Money Laundering and Counter-Terrorism Financing laws. Under the law (section 45 (2) of ...

Corporates have a critical role in social, environmental outcomes

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
Australia's publicly listed companies are increasingly playing a more active role in creating a more sustainable future, but "glaring inadequacies" still remain. That's according to impact investment company Melior's inaugural Australian Impact Report ...

Uniti ups bid to compete with First State Super

ALLY SELBY  |  TUESDAY, 15 SEP 2020
Telecommunications company Uniti Group has upped its bid for listed telco OptiComm, as it goes head to head with First State Super to take the company private. It comes as Uniti also secures a 19.5% stake in OptiComm shares though commitments from a ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
After underperforming its peers and receiving a red rating from the regulator, an $11 billion superannuation fund is turning its performance around. Mine Super initiated several strategic investment changes to its MySuper products, which are now delivering ...

Boutique launches Aussie equities fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
A Brisbane Aussie equities boutique has launched an income-focussed strategy as an unlisted managed trust, after running it as a separately managed portfolio for 13 years. DNR Capital's Australian Equities Fund is managed by DNR's chief investment ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ...

HESTA adds to leadership team

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
HESTA has announced the appointment of a head of portfolio management as it continues to build out its new-look investment team. Alan Sheen has been named as head of portfolio management, the newest addition to the new-look senior investment leadership ...