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August 10, 2021
Six years after the work to develop and build a place where women can heal from trauma, addiction and sexual violence started, the Clan Mothers are inching closer to putting their plans into action.
July 23, 2021
Major fashion brands to source at Fibre2Fashion Trade Show ANI | Updated: Jul 23, 2021 10:13 IST Ahmedabad (Gujarat) [India], July 23 (ANI/BusinessWire India): The forthcoming second edition of F2F Sourcing Show promises to provide access to unlimited business and networking opportunities for global visitors for sourcing their textile-apparel-fashion needs. The two-week virtual trade event for apparel, fabric, and yarn exhibitors, being organised by Fibre2F...
July 14, 2021
Westpac lands one of Australias leading corporate lawyers By Neil Griffiths Westpac Group has announced the appointment of a new group general counsel. On Wednesday, the bank confirmed that Shannon Finch will take on the role starting 1 November. Ms Finch has almost 30 years corporate legal experience and is currently a senior M&A partner at Jones Day and member of the advisory committee to the Australian Law Reform Commission. Adver...
July 13, 2021
Investment manager announces new Australian CEO and COO — 1 minute read 13 July 2021 Mirae Asset Global Investments has announced the appointment of a new chief executive and COO in Australia. Kris Walesby will join the Asia-founded company and take over as CEO after serving five years as CEO at ETF Securities. Mr Walesby has previously worked for a number of investment managers in London, including BlackRock, before moving back to Australia in 2015 as...
July 12, 2021
Government opens consultation for FFSPs relief By Neil Griffiths 12 July 2021 The federal government is now accepting feedback on its pledge to “restore previously well-established regulatory relief for foreign financial service providers (FFSPs)”. After first announcing the move in the 2021-22 budget, the government is now accepting submissions on options that aim to: Provide Australian licensing relief to FFSPs that are a...
July 12, 2021
Sydney lockdown could strip billions off recovery By Sarah Kendell 12 July 2021 As an extended Sydney lockdown starts to look increasingly likely, a global bank has predicted that the NSW capital having to adopt harsh Victorian-style restrictions could come at a significant cost to Australia’s GDP. HSBC chief economist for Australia and New Zealand Paul Bloxham said with NSW accounting for 32 per cent of the nation’s total ...
July 12, 2021
ACCC to take ‘very close look’ at Sydney Airport bid issues By Neil Griffiths 12 July 2021 The ACCC has confirmed it will take a “very close look” at a super fund consortium’s bid to purchase Sydney Airport. Earlier this month, the Sydney Aviation Alliance – made up of QSuper, IFM Australian Infrastructure Fund, the IFM Global Infrastructure Fund and Global Infrastructure Partners (GIP) – submitted a $22.3 billion...
July 8, 2021
Former AMP Life CIO joins industry super fund — 1 minute read 07 July 2021 Jeff Brunton, former AMP Life CIO, has been announced as the new head of portfolio management at HESTA. Jeff Brunton will officially join the industry super fund on 26 July where he will report to CIO Sonya Sawtell-Rickson. “Our investment strategy is designed to deliver even stronger investment outcomes for members by improving the team’s capacity and capabilities while achiev...
July 8, 2021
‘A long-term game’: How this fund is seeing results from in-house investment By Sarah Kendell 07 July 2021 As the trend towards bringing investment teams in-house continues, a major industry fund has credited its record performance for the 2021 financial year to increasing efficiencies and sharper reactions to market swings as it jettisons external managers. Construction industry fund Cbus, which manages $59 billion on beha...
July 8, 2021
More fund managers join net-zero goal initiative By Neil Griffiths Nero Asset Managers’ initiative to reach net-zero emissions has scored more big-name signatories. Forty-one asset managers representing $9 trillion – including Investible, HSBC Asset Management, Amundi, Sumitomo Mitsui Trust Asset Management and MFS Investment Management – have joined the initiative and committed to work with clients to reach net-zero emissions alignment across ...