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Showing 81 - 90 of 34469 results for "Year"

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show. The People's Court of Ho Chi Minh City yesterday handed down the death ...

Centuria shakes up senior investments team

KARREN VERGARA  |  FRIDAY, 12 APR 2024
Centuria Capital has made several senior appointments, including a head of funds management and a newly created chief investment officer position. Andrew Essey is the new chief investment officer. Essey joined Centuria in early 2013 as national leasing ...

Schroders welcomes new head of intermediary

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
Schroders Australia has appointed Jude Fernandez to the role of head of intermediary, effective later this month. Fernandez will be based in Sydney and report to Schroders head of client group, Australia, Ray Macken. Fernandez has over 20 years' experience ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... from Finder acknowledged the appeal and reinforced that it relates to the decision made by the Federal Court in March this year. The court found in favour of Finder Wallet and dismissed ASIC's proceedings with costs. ASIC first commenced civil proceedings ...

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... portfolio protection. The fund aims to outperform the Reserve Bank of NZ official cash rate by 7% before fees over rolling three-year periods. The strategy is co-managed by head of diversified alternatives David Elms and portfolio manager Steve Cain. ...

Equity Trustees welcomes new chief financial officer

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
EQT Holdings has announced the appointment of a new chief financial officer as Philip Gentry prepares to step down. Johanna Platt is set to take on the role, effective 22 July 2024. Gentry announced he would be stepping down from the position back in ...

DWS appoints new local chief executive

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
DWS has appointed Lidia Tomova as its new chief executive in Australia, from 1 March 2024. Pending regulatory approval, Tomova will also be appointed as chair of DWS Investments Australia. She will also continue in her role as head of coverage, Australia ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... markets," Vanguard head of ETF capital markets, Asia Pacific Adam DeSanctis said. "US share markets surged around 24% last year and continued to gain ground over the first quarter, reaching record highs, mainly thanks to the impressive returns from some ...

Mercury Capital acquires KKR's stake in Findex

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Mercury Capital will acquire KKR's 40% stake in wealth management and advisory firm Findex. The partnership will leverage Mercury Capital's understanding of the Australian and New Zealand markets and their experience working with business owners ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... 8.15 of the code, communicating claim decisions, was the most prevalent, with 2630 instances reported in the period, up 38% year on year. Breaches of section 6.7, refunding after cancellation, was the fastest-growing breach, sharply rising 322% to 963 ...