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Showing 971 - 980 of 7222 results for "Record"

First Sentier appoints head of institutional distribution

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... clients first," she said. Commenting on his own appointment, Kandasamy added First Sentier has a long and successful track record as a responsible investor and a leading global asset manager. "I am thrilled to be stepping into this role and working with ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... without further underwriting, he did not revisit the advice he provided, the FSCP said. Mr. K, instead, recommended in a Record of Advice (ROA) that the clients apportion their cover between the new and existing provider up to the maximum amount allowed ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous year's record number, it was 34.2% above the rolling four-year average. Managed investment products comprised the most registrations, accounting ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
Industry Super Property Trust (ISPT) has implemented global software provider SS&C Sylvan (SS&C) for performance measurement and attribution. SS&C will now automate ISPT's data ingestion while simultaneously calculating capital and income returns ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... 'suffering a permanent severe psychiatric incapacity'. Meanwhile, in a significant event notice, First Super also set the record straight on how the fund credits investment earnings. Historically, investment earnings have been completed monthly as a ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... dispute at the Fair Work Commission challenging the bank's direction. FSU national secretary Julia Angrisano said: "CBA's record profit demonstrates that staff can continue to work productively while maintaining their current work from home arrangements." ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

Blackwattle selects Apex Group for administration

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... resources of the Blackwattle investment team, enabling them to focus on building on their proven investment ability and track record of outperformance, to become leaders within the Australian market." This month the firm launched ASX Small Cap Quality ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... strategies, and we are delighted to secure Leigh for this role." "Leigh is highly regarded across the industry with a proven record of optimising portfolio outcomes. Leigh will also provide support across our broader internalisation programme as well ...