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Showing 941 - 950 of 2942 results for "L1 Group"

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
Some of the largest pension funds in the US have sent letters to their government urging action on climate change after a proposal sought to limit their ESG investing capabilities. The California State Teachers Retirement System (CalSTRS), which has ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
The financial services industry saw a significant boost to online job advertisements after suffering a major blow due to COVID-19, according to the latest Sunsuper Australian Job Index report. The financial services industry suffered an early, and extreme ...

ASIC suspends OTC derivatives issuer

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The corporate regulator has suspended the Australian financial services licence of Union Standard International Group. The Sydney-based retail over-the-counter derivatives issuer operating as USGFX is suspended until September 23 under 915B of the Corporations ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Listed impact investment vehicle Hearts and Minds Investments has returned more than 26% on a 12-month basis, while also donating $4.1 million to medical research. Yet, the fund has faced major roadblocks when it comes to receiving a rating. The investment ...

Six Park eyes advisers, appoints head

KANIKA SOOD  |  MONDAY, 20 JUL 2020
Six Park has hired a former AustralianSuper and BT Financial Group business development and partnerships team member, as it looks to tap into adviser groups, platforms and other B2B channels. Ha-Dieu Ford has joined its management team as the head of ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
The Financial Services Council has appointed four new board members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape. BlackRock Asset Management head of ...

Charter Hall makes $214m warehouse play

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The $40 billion property investment manager has acquired three warehouses from Owens-Illinois Australia (OIA), setting Charter Hall back $214 million for the investment. A Sydney-based glass manufacturing facility and warehouse, located at 130-170 Andrews ...

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%. The Pendal Managed Cash Fund will go from charging 22bps per year to 12bps, while the Pendal Stable Cash ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Sequoia Financial Group has entered into a purchase of assets agreement with financial advice firm Total Cover Australia, through the company's subsidiary InterPrac Securities. It is the fourth acquisition of a retiring InterPrac adviser's portfolio ...

MLC general manager departs

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The general manager of advice partnerships at MLC has departed. MLC has confirmed Michael Downey left his role with the business last week. Taking to LinkedIn, Downey said he is confident the MLC advice business is set up for success in the years ahead. ...