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Showing 1 - 10 of 50 results for "Papua New Guinea"

Former super fund investment chief in new gig

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
... spent two years as investment chief at Nambawan Super - a defined contribution government superannuation fund in Papua New Guinea. The incoming Bellmont investment chief has also consulted for several asset owners, including Mine Super. Previously, he ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... It has 10 launchpads in Japan and seven in South Korea, and last year formalised a new security agreement with Papua New Guinea. The US government's spend on defence has skyrocketed 62% since 1980, climbing from US$506 billion to US$820 billion in ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Westpac Pacific remains, after an unsuccessful attempt to sell it to Kina Securities; a deal rejected by the Papua New Guinea regulator. Throughout this period, Westpac continued to invest in its platforms, specifically Panorama, with the aim to enable ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... sovereign investors due to significant progress with SWFs that have been proposed and passed. "Namely in Mozambique, Papua New Guinea, and the Philippines," it said. "We shall also see more of the superannuation consolidation down under, with the merger ...

'We're living in the world China is making': Conference

ANDREW MCKEAN  |  WEDNESDAY, 27 APR 2022
... recognising Taiwan to recognising mainland China," Grant supposed. Likewise, China has established closer ties with Papua New Guinea, the Federated States of Micronesia and even countries like New Zealand have signed up to the belt and road initiative. ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

FIRB reappoints Irvine as chair

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... Investment Review Board (FIRB) for a further two-year period. The former ambassador to China and high commissioner to Papua New Guinea was first appointed to the FIRB as a member in 2015 and subsequently appointed chair in 2017. Irvine has significant ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ...

MCP builds out team

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... of market strategy. Nash was most recently at Vision Super, prior to which he was chief investment officer at Papua New Guinea's Nambawan Super and PacWealth Capital. Nash has also previously held senior roles at State Street Global Advisors and FIIG. ...

PNG super fund to evict settlers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JAN 2021
Papua New Guinea's largest superannuation fund claimed victory over a small community which had settled on land owned by the fund more than two decades ago. Bushwara, a community outside of Port Moresby, was issued eviction notices by Nambawan Super ...
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