Industry Updates

AUSIEX partners with Saxo to provide trading solution for advisers

Wholesale trading platform AUSIEX has partnered with online trading and investment specialist Saxo Australia to provide an integrated international trading solution for advisers. 

Betashares enters superannuation industry with Bendigo Super acquisiton

Betashares will directly enter the superannuation market after reaching has reached an agreement with Bendigo and Adelaide Bank to acquire Bendigo Superannuation.

AIA appoints GM of group partnerships

Life insurer AIA Australia has appointed George Stavliotis as general manager of group partnerships, focusing on the group insurance sector.

CFS appoints group CEO

Colonial First State has appointed Suncorp Bank CEO Clive van Horen to the role of group chief executive officer, following an extensive global search.

Payton Capital appoints chief risk officer

Payton Capital has picked up Qualitas chief risk officer Robert McLellan for the same role.

Franklin Templeton appoints director of institutional business

Franklin Templeton has appointed Thakshi Wijesundara as senior institutional business director.

ART launches Net Zero 2050 Roadmap

Industry super fund Australian Retirement Trust has launched its Net Zero 2050 Roadmap, outlining its commitments to achieving a net zero greenhouse gas emission investment portfolio by 2050.

UniSuper appoints BNP Paribas for collateral management

Industry super fund UniSuper has appointed BNP Paribas’ Securities Services to provide triparty collateral management services for its global trading activity. 

Financial stress takes a toll: TAL research

A recent research study by life insurer TAL has highlighted the impact of financial stress on employees and the role of financial literacy in mitigating it. 

State Street opens new headquarters, brand refresh

State Street Corporation has opened its new global headquarters building at One Congress Street, located in the Bullfinch Crossing area of downtown Boston, US.  

Maple-Brown Abbott gets Future Fund small caps mandate

Maple-Brown Abbott has been chosen by the Future Fund to execute a new Australian active small caps mandate as they selectively pursue alpha-seeking strategies in their $65 billion listed equities program.

Federal Court fines NAB $2.1m for unjust banking fees

The Federal Court has ordered NAB to pay a $2.1 million penalty for wrongly charging customers periodic payment fees.

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