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Showing 981 - 990 of 2856 results for "Initiative"

Bell FG appoints director, releases FY results

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... process and clear the first full service trades for Bell Potter Securities in the second quarter of 2020," he said. "This initiative represents both an opportunity to materially reduce our cost of producing a contract note and to continue to grow via ...

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
Perpetual posted a smaller profit in the first half of the financial year,impacted by net outflows and forcing a greater focus on "strategic growth initiatives". The wealth manager recorded a $51.6 million net profit after tax in the first half, a result ...

Long-time IOOF director steps down

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A member of IOOF's board has stepped down after a decade and a half as a director of the wealth manager. IOOF has announced the retirement of former PWC partner Jane Harvey, who steps down from the board after 15 years. However her retirement is set ...

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
Macquarie Group still expects its 2020 financial year performance to be down on last year, despite growth in the firm's asset management and banking and financial services divisions this quarter. Macquarie Group chief executive Shemara Wikramanayake ...

More engagement with custodians needed: Report

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The Australian Custodial Services Association (ACSA) is urging institutional investors to forge closer relationships with custodians to ensure better outcomes are achieved. ACSA released a report describing the evolving role custodians play in Australia's ...

Perpetual head jumps for greener pastures

ALLY SELBY  |  MONDAY, 10 FEB 2020
A Perpetual general manager has packed his bags, departing the financial services firm for a simpler life in Hobart, Tasmania. Perpetual general manager of corporate finance and investor relations, Andrew Ehlich, resigned last month after a 13-year ...

IFM Investors hires from Mercer

ALLY SELBY  |  FRIDAY, 7 FEB 2020
IFM Investors have hired a former Mercer principal to help lead the firm's risk and compliance operations. Amanda Oliver commenced her role as Australian director of risk and compliance at IFM Investors on 3 February 2020. The role was previously held ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
In one of the first submissions to the Retirement Income Review, the body for private market investors has urged the government to focus less on fees and consider the place for illiquid assets in MySuper. Citing APRA's heat maps as an example, the Australian ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
First State Super has acquired 55 rental units six kilometres from Melbourne's CBD in a bid to improve housing affordability for nurses, police and firefighters. The rental properties will be offered to healthcare, aged care, disability services ...

VFMC hires investment stewardship lead

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
... and the Australian Council of Superannuation Investors (ACSI). She is a member of the Australian Sustainable Finance Initiative's Sustainable financial system technical working group. A spokesperson from VFMC confirmed the hire to Financial Standard ...