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| | | ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD). Last week, the corporate watchdog claimed the products were too risky for retail investors. ... |
| | | | Nuveen completed its acquisition of Schroders, with the combined firm responsible for $2.6 trillion in assets under management across institutional and wealth channels. Operating in more than 40 markets, the firm has a significant presence in the US ... |
| | | | Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers". Praemium chief executive Anthony Wamsteker has stepped down from his role, effective ... |
| | | | The super fund has seen another C-suite executive depart this week, following the chief financial officer's exit in August. Rest chief strategy and corporate affairs officer Tyrone O'Neill has finished up at Rest after more than seven years. He joined ... |
| | | | A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm. Len Chersky has left the firm this week. He joined Brookfield in January 2014 after a brief stint ... |
| | | | Australia's life insurers have set out their action plan with an aim to strengthen their commitments to customers under the Life Insurance Code of Practice (Life Code), following an independent review commissioned by the industry. The industry has committed ... |
| | | | Former Reserve Bank of Australia (RBA) governor Philip Lowe has shared his thoughts on the current state of the economy. Speaking with the Institute of Public Affairs, Lowe said there was no reason for the government to run a large budget deficit. "Now ... |
| | | | The Australian Prudential Regulation Authority (APRA) has released a package of proposals to strengthen trustee investment governance and better protect members' retirement savings. APRA said the reforms are the next phase of its multi-year focus on ... |
| | | | The central highlands of Victoria teem with lush Eucalytpus regnans or mountain ash, the world's tallest flowering plants, which are also native to Tasmania. Researchers from the Australian National University found that mountain ash also possesses ... |
| | | | The ASX-listed technology solutions provider has appointed two new Asia Pacific (APAC) directors, while securing a $100 million senior facility from HSBC to continue its global push. Nicole Kennedy has been promoted to managing director, APAC, based ... |
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