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Showing 981 - 990 of 6251 results for "December 3"

AustralianSuper appoints retirement solutions lead

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
AustralianSuper has appointed a new lead for its retirement solutions unit, welcoming the former chief executive of a fund it recently merged with. Stefan Strano became the $244 billion super fund's business lead for retirement solutions effective ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Pinnacle Investment Management added a new director for its retail business to the fold, who recently finished up at a boutique investment platform. Chris Brookman joined the ASX-listed firm as a director of distribution of the retail business in February ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
MLC Life Insurance has appointed a head of fund partnerships for the group insurance business, most recently on the leadership team of an industry super fund. Chris Porter has taken on the role, reporting directly to general manager, fund partnerships ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
Magellan chair Hamish Douglass will take a medical leave of absence to prioritise his health after a period of intense pressure, the company has said in a statement to the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Pinnacle Investment Management shuttered one of its affiliates just two years after it acquired a stake. Reminiscent Capital, a discretionary Asian macro strategy, folded in November 2021, resulting in a $1.8 million write off. Pinnacle hoped that Reminiscent ...

Future Fund now over $200bn

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Australia's sovereign wealth fund has cracked $200 billion in assets for the first time, its latest portfolio update has revealed. Future Fund continued to grow over the December quarter, contributing to an annual return of 19.1% for the calendar year ...

Risk, compliance salaries soar: Data

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
A shallow talent pool means risk and compliance professionals are a hot commodity in 2022, as data shows entry-level salaries having increased by a whopping 66% since the Royal Commission. According to Kaizen Recruitment, this year continues to see ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ...