Aviva appoints client solutions director
Asset management business Aviva Investors has appointed Shiqi Wang as client solutions director in the Asia Pacific.
APRA finds NobleOak in breach of prudential and reporting obligations
APRA has found NobleOak Life is in breach of its prudential and reporting obligations concerning capital.
ART appoints Andrew Fisher to head investment strategy
Australian Retirement Trust has appointed Andrew Fisher as head of investment strategy, while head of strategy for QSuper portfolios Damien Lillicrap has left the fund to pursue other opportunities. This week, ART celebrated the first anniversary of the merger between QSuper and Sunsuper which created the fund in its current form. Additionally, a head of … Read more
Betashares launches practice development offering
ETF provider Betashares has launched a practice development content offering that aims to help advisers develop their businesses.
Cbus CEO Justin Arter to retire in May
After completion of two major mergers, the CEO of industry fund Cbus Super, Justin Arter, will retire in May. Chief investment officer Kristian Fok has been appointed interim CEO with the fund to conduct a search for a new CEO. Arter was appointed in July 2020 to lead Cbus and its merger-focused growth strategy. Since … Read more
Future2 Foundation to include AFA and SMSF Association members
The Financial Planning Association’s Future2 Foundation has expanded its scope to include members of the Association of Financial Advisers and the SMSF Association as participants in its charitable activities.
Aware, HESTA, CEFC pile into Palisade’s new renewables platform
Institutional investment dollars continue to pour into renewables in Australia despite the capacity constraints in the energy transmission grid as momentum is accelerating in the race to net zero carbon by 2050.
Vanguard issued warning from NZ market authority
New Zealand’s Financial Markets Authority (FMA) has issued a formal warning to Vanguard Australia for failing to lodge a required notice on the NZ Companies Office Disclose Register regarding action taken against it by ASIC.
APRA chair reassures market on banking system stability
The prudential and banking regulator chair has reassured the market around the strength and resilience of the Australian banking system in the wake of the collapse of Swiss investment banking firm Credit Suisse and Silicon Valley Bank in the US.
Cboe Australia launches first local offering
Cboe has launched the first phase of its first Australian offering, Cboe BIDS Australia.
Better data is helping investors clamp down on biodiversity risks
Investors are growing wary of companies that may be forced to relocate supply chains away from protected areas, as demands grow for “no-go” commitments to UNESCO World Heritage sites.
Advisers increase usage of capital notes: AUSIEX data
Data from AUSIEX shows hybrid securities recorded the highest traded value in December 2022 since at least 2018, more than double that of the value in the previous December.
