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27 April 2021 • By Sarah Simpkins • 1 min read

UBS expands Aus fixed-income team

UBS Asset Management has added a portfolio manager to its local fixed-income division. Tom Nash has taken the role, joining UBS after 10 years at ...

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Former Westpac advice head to lead Clime

Clime Investment Management has picked a former big four advice lead to be its new chief.  Annick Donat is set to become the company’s first chief ...

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ASIC exposes advice issues at IOOF

The wealth group has committed to taking remedial action, after ASIC found deficiencies at two of its financial advice licensees. In a statement, ...

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G20 urged to form financial climate platform

Global asset manager Aviva Investors has set out proposals for the G20 nations on how to push the global financial system to tackle climate risks, ...

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Moelis launches rebrand amid global push

Moelis will rebrand to reflect its increasing focus on asset management activities and its status as a global company.  Moelis – which was founded ...

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Super funds fire climate warning shot

The powerful Australian Council of Superannuation Investors (ACSI) has warned that companies are “moving too slowly” on climate and that it will vote ...

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Westpac writes down first-half earnings by $280m

The big four bank announced that its first-half earnings would be reduced by almost $300 million as it added significantly to its remediation costs

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Perpetual defies outflows, builds UK team

The investment group has flagged a steady rise in managed assets despite copping $1.2 billion in net outflows, as it continues on its international ...

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Hume welcomes ‘overwhelming success’ of early super

Senator Jane Hume has hailed the decision to allow early release of superannuation as a “lifeline” for Australian families.  New data from the ABS ...

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Government’s unambitious recovery plan threatens stagnation: Grattan

The government’s recovery plan isn’t ambitious enough and faces severe headwinds as the vaccine roll-out slows, according to the Grattan Institute

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