AMP Bank among first Australian banks to operate core platform in the cloud

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AMP Bank has announced the successful migration of its core banking platform to the cloud, significantly increasing the Bank’s agility, innovation, and customer experience. The migration of AMP Bank’s core platform to the cloud, hosted on Amazon Web Services (AWS), will enable new levels of flexibility and scalability for AMP Bank to continue delivering retail... Read more continue reading

GQG Partners celebrates six years with top quartile performance and investment team promotions

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GQG Partners recently marked its sixth anniversary with over US$94 billion in assets under management and top quartile performance across all four core strategies – Emerging Markets Equity, Global Equity, International Equity, and US Equity – since their inception[1]. Since its founding in 2016, GQG has added significant value for clients, and as a result... Read more continue reading

Equity Trustees appointed RE for Foord global equities

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Equity Trustees has been appointed as local Responsible Entity (RE) by Foord Asset Management (Singapore) Pte. Limited (Foord), which celebrated its tenth anniversary this year. Foord’s genesis as an investment manager was in South Africa with Dave Foord having founded Foord Asset Management in 1981, and expanded its footprint to Guernsey in 1997, Singapore in... Read more continue reading

Findex investing in internal talent with new metro and regional Partners announced

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Findex Group Limited (“Findex”) one of Australasia’s largest privately-owned providers of integrated financial advisory and accounting services, today announces its new Partner and Associate Partner promotions and hires across both metro and regional Australian locations. Findex has appointed 46 new Partners and Associate Partners in Australia and a total of 57 across Australia and New Zealand – an increase... Read more continue reading

Jason Collins expands his Deputy Country Head remit to include Head of iShares and Index Investments for BlackRock Australasia

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BlackRock Australasia has appointed Jason Collins as Head of iShares and Index Investments for the Australian and New Zealand region effective immediately. This will form part of his broader responsibilities as Deputy Head of BlackRock Australasia, where Jason works across strategic initiatives and has high-level responsibility for enterprise relationships in the region. Jason is also... Read more continue reading

WSC Group joins CountPlus and Count Financial

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CountPlus Limited (CountPlus) has announced a 32.75% investment in WSC Group, a financial services and advice practice with offices around Australia. As part of the transaction, the financial advice business of WSC Group, WSC Group (Aust) – Private Wealth Pty Ltd, will be authorised by Count Financial, adding an additional three Authorised Representatives to the... Read more continue reading

Morningstar completes acquisition of wealth management platform provider Praemium’s UK and international business 

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Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has completed its acquisition of Praemium’s operations in the United Kingdom, Jersey, Hong Kong, and Dubai from Praemium Limited (ASX: PPS) for £35 million, subject to completion adjustments. Across its U.K and international business, Praemium offers proprietary, friction-free technology and services that enable advisers... Read more continue reading

Rest expands Calvert sustainability mandate to focus on carbon reduction

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Rest, one of Australia’s largest profit-to-member industry super funds, has expanded its enhanced responsible investment mandate with Calvert Research and Management (Calvert) to include a carbon reduction tilt that will cover Rest’s entire Australian equity portfolio. Rest is one of Australia’s largest profit-to-member industry super funds, with around 1.9 million members and around $68 billion... Read more continue reading

MLC Life Insurance appoints Chief Risk Officer

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MLC Life Insurance has appointed Jane McGovern, currently Group Executive for Risk and Governance at iCare NSW, to the position of Chief Risk Officer. Jane will officially join MLC Life Insurance on 19 September 2022 and report to Chief Executive Officer, Rodney Cook. She will replace Acting Chief Risk Officer, Edwina Star, a partner in... Read more continue reading

ETF Securities bolsters distribution capabilities with business development manager appointment

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One of Australia’s leading ETF providers, ETF Securities has appointed Arjun Shanker as Business Development Manager as it sets up a stronger team to manage growth across all regions. Shanker will be responsible for leading several Victorian and Tasmanian accounts including financial planning firms. Based in Melbourne, he will report to Kanish Chugh, Head of Distribution, ETF... Read more continue reading