Search ResultsShowing 1 - 10 of 100+ results for "M2 Group"
Chief economist update: Good news is good news
BENJAMIN ONG  |  MONDAY, 4 NOV 2019
It's beginning to look a lot like Christmas has come early ... and Thanksgiving too. Wall Street benchmark equity indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not ...
New NAB chief start date announced
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
NAB has announced Ross McEwan will take the reins as the group's new chief executive before the year's end. Ross McEwan will step down from his role as chief executive of the Royal Bank of Scotland on October 31 and commence as chief of NAB onDecember ...
Melbourne boutique winds down funds
KANIKA SOOD  |  FRIDAY, 30 AUG 2019
An Aussie equities boutique founded by Citigroup Australia's former equities heads is winding down its funds after its family office backer withdrew support. ARCO Investment Management's David Colman and Peter Whiting ran two long-short Aussie ...
Mainstream shelves super admin business
KARREN VERGARA  |  TUESDAY, 20 AUG 2019
Mainstream Group Holdings is moving away from providing superannuation administration services to industry and corporate funds to focus instead on growing its public offer super fund. The ASX-listed firm announced today the super admin business will ...
Japanese insurer gets Treasury tick to up Challenger stake
KANIKA SOOD  |  MONDAY, 19 AUG 2019
A Japanese insurer that owns about 16% of Challenger has received the green light from the Treasury to increase its stake in the company. In March, MS&AD announced its intention to take its stake in Challenger over 15% and seek board representation. ...
HSBC chief abruptly resigns
KARREN VERGARA  |  TUESDAY, 6 AUG 2019
The global chief executive of HSBC has stepped down after mutually agreeing with the board that change was necessary for the bank to move forward in an increasingly challenging environment. John Flint exited HSBC Holdings plc on August 5 as its group ...
TCorp chair steps down
ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
The chair of TCorp will retire from the board at the end of September. Philip Chronican will retire from the TCorp board, having been on a leave of absence since March this year after he was appointed to the role of interim group chief executive for ...
Consolidation hits super fund administrators
KARREN VERGARA  |  FRIDAY, 31 MAY 2019
Two major fund administration providers are feeling the pinch of the new superannuation reforms. Link Administration told shareholders that the new Protecting Your Super Package laws will impact its earnings and operations in the 2019 financial year. ...
OneVue, Mainstream automate cross-platform transfers
HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
OneVue and Mainstream Group have partnered with Calastone to help financial advisers seamlessly move assets from one platform to another. The process enables the transfer of beneficial ownership of securities from different custodians without having ...
NZ Super dumps guns
HARRISON WORLEY  |  FRIDAY, 12 APR 2019
Hot on the heels of the passage of new gun laws in New Zealand, the NZ Super Fund has divested all companies involved in the manufacturing of automatic and semi-automatic weapons. The fund confirmed companies involved in the manufacture of civilian ...
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