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Showing 1 - 10 of 44 results for "CES"

Perennial Partners names institutional sales director

ELIZABETH FRY  |  TUESDAY, 30 JAN 2024
Perennial Partners has appointed Abdul Elhage as an institutional sales director, hiring from BNP Paribas Asset Management where he had a similar role. Elhage has worked in the financial services industry for more than 20 years. Before joining Perennial ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
Macquarie Group posted a 3% drop in its private markets assets under management (AUM) to $326.8 billion and said its asset management business will face economic challenges over the short term. In an investor presentation, the group said the drop was ...

New distribution head at Perennial

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
Perennial Partners has a new head of distribution and a new institutional sales director. Cesar Farfan, currently Perennial's head of retail distribution, has been promoted to the position of head of distribution. In his new position Farfan will ...

ASIC consults on refreshing PDSs, FSGs

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
ASIC has opened consultations on remaking the relief contained in product disclosure statements and financial services guides. Under Consultation Paper 358 Remaking ASIC relief on PDSs, superannuation dashboards and FSGs, the corporate regulator is ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... won the mandate to provide investment services to CFS' FirstChoice Employer Super (FCES) and Commonwealth Essential Super (CES) following a formal tender process. CFS will continue to set the investment strategy, oversee investment decisions and manage ...

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The European private equity firm has abandoned its plans to acquire Iress with both parties unable to agree to a transaction. Last week Iress granted EQT a further 10 days to complete its due diligence after an initial 30-day access on August 11. EQT's ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
Australian regulators expect institutions to cease the use of LIBOR in new contracts before the end of 2021. ASIC, APRA and the Reserve Bank of Australia have reiterated the importance of ensuring a timely transition away from the London Interbank Offered ...

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... the Corporations Act relating to the arrangement between CFSIL and CBA for the distribution of Commonwealth Essential Super (CES)," the bank said. "CFSIL and CBA are reviewing ASIC's claim and will provide any further update as required."

Flamingo AI acquisition scrapped

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
ASX-listed Flamingo Ai's proposed sale of its assets to Rymamay Investments has been scrapped after due diligence by the latter, as the parties couldn't agree the terms of the share sale agreement. Flamingo's board has now set itself a 30-day timeline ...

2020 MAX Awards finalists named

STAFF WRITER  |  WEDNESDAY, 13 MAY 2020
The finalists for the 2020 Financial Standard MAX Awards have been named and voting is now open. Now in their 25th year, the Financial Standard MAX (Marketing, Advertising and Sales Excellence) Awards recognise individuals, teams and organisations in ...
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