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Showing 991 - 1000 of 5504 results for "September 2003"

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
The Victorian Supreme Court on Tuesday decided in favour of the $83 billion industry fund after a union asked the court to decide on its rights in nominating a director for the UniSuper board. The Community and Public Sector Union (CPSU) on September  ...

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
New research has revealed the true cost of a toxic chief executive to a company, indicating that poor culture from the top can permeate an entire organisation. The report, produced by the Australian Institute of Company Directors (AICD) and the Australian ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
A longstanding MLC Life executive has been appointed to lead Integrity Life, following the retirement of Chris Powell in March. Integrity Life has named Sean McCormack as its new chief executive, just months after he was promoted to the role of chief ...

Aberdeen Standard pulls plug on Aussie fixed income

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
Aberdeen Standard Investments will stop offering Australian fixed income strategies, after a strategic reconfiguration of the business. The team is currently led by Garreth Innes as head of Australian fixed income, including a $180 million income fund ...

TAL group life lead in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
TAL's executive general manager of group life is set to take on a new role at Zurich in March. Darren Wickham has been appointed head of group insurance at Zurich, joining the insurer's leadership team. With about 30 years' experience as ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Man Group's discretionary investment management engine, Man GLG, has launched an Asia (ex-Japan) equities strategy headed by its newest portfolio manager. Andrew Swan joined the group as head of Asia (ex-Japan) equities in August and will lead the high ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
IOOF yesterday said it won't be pursuing an offer to buy its retail trustee Australian Executor Trustee business. On August 31, IOOF said it had received an expression of interest for AET. "IOOF has considered the expression of interest and confirms ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...