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23 January 2020 • By Sarah Simpkins • 1 min read

UBS profit down as targets failed

UBS’ full-year net profit for 2019 came to $6.2 billion (US$4.3 billion), down by 5 per cent from the previous year, with the group falling short of ...

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Ex-IOOF executive to lead HESTA advice arm

Industry fund HESTA has hired a former IOOF practice management head to lead its advice and education function. Josh Parisotto joined the HESTA ...

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First Super appoints new co-chair

First Super has announced that Mike Radda has been appointed co-chair of First Super, effective 1 January 2020. Mr Radda brings more than 10 years’ ...

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PIMCO announces new client management head

Global investment firm PIMCO has announced that Adrian Stewart will assume the role of client management head for APAC ex-Japan. Mr Stewart is the ...

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Former KPMG director to join as MetLife chief of staff

MetLife Australia has hired a former director in the superannuation advisory team at KPMG as its new chief of staff and external affairs

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Westpac appoints new ‘battle-hardened’ chairman

The major bank has announced a successor to replace outgoing chairman Lindsay Maxsted. John McFarlane, an international banker with more than 40 ...

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Colonial First State hit with super class action

Shine Lawyers has filed a class action against Colonial First State Investments, claiming hundreds of thousands of its fund members have seen their ...

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Ardea hires head of research

Fixed income specialist Ardea Investment Management has filled a newly created role of head of research on its investment team. The investment ...

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DWS snaps up Canberra hotel for European fund

DWS has acquired The Sebel Hotel in Canberra in an off-market transaction on behalf of one of its major European real estate investment funds from the ...

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Former APRA boss to chair challenger bank

ING Australia has announced the appointment of Dr John Laker to the position of chairman. Dr Laker has served on the ING board since January 2019. ...

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