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Showing 81 - 90 of 1323 results for "George"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... assets under management has diminished to about $35 billion, from its peak of over $100 billion in 2021. The tenure of David George, who took over as chief executive in February 2022, was also described by Morningstar as a "challenging period." One of ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Magellan," Formica said. While Formica confirmed the $100 billion by 2027 FUM target announced by previous chief executive David George in 2022 has been dumped, it'll be a hard slog for Rahmani; Magellan's total FUM came in at $35.8 billion ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... of continuous disclosure obligations actions - both of which it did not admit liability to. AMP chief executive Alexis George reinforced that the firm is committed to making the advice unit a sustainable business and that "a $47 million loss is not a ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... so. The SMSF Association said this demonstrates the resilience of SMSFs in market downturns. ICFS research project head George Mihaylov said outperformance by SMSFs partly stemmed from a strategic allocation favouring domestic over international equities ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... position and has developed a solid leadership group to continue to take those businesses forward," AMP chief executive Alexis George said at the time. 10) AMP loses BOLR changes class action (July 5) The Federal Court ruled in favour of the AMP Financial ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... Bank. "We are delighted with the appointment of Kavita Mistry as chief technology officer," AMP chief executive Alexis George said. "In her 12 months with AMP she has proven herself to be an excellent leader with a depth of capability in leading technology ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... strategy, facilitated the transfer of large sums of client money that was meant to be held on trust. Yuen instructed St George Bank on 13 June 2014 to transfer $6.8 million of client funds out of BBY's futures client segregated account, a client money ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... group executive, advice Matt Lawler said that was also the objective for AMP, adding that he and chief executive Alexis George have been working overtime to rebuild trust and strengthen relationships with the group's advisers. Many of the members ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou and Nic Guesnon, noted while the consumer price index (CPI) is well above the RBA's target, underlying inflation ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... includes Andrew Formica who recently took over as executive chair following the swift departure of chief executive David George. The others are Deborah Page, David Dixon, and Catherine Kovacs. Of these, Formica received the most opposing votes at 16.2%. ...