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Showing 1021 - 1030 of 6513 results for "News"

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... has had to relinquish the Westpac board role. "We thank Anita for her contribution and wish her every future success." The news of Fung's departure comes as the bank prepares for the chair to transition from Maxsted to former ANZ chief executive John ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... cover on 1 April 2020," Crescent Wealth said. From April 1, weekly premiums will differ across different age brackets. The news comes after Cbus announced it would be changing the way it calculated insurance premiums due to the cost of implementing the ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
... systematic alternative risk premia team took home the fund manager of the year in undiscovered manager category, in welcome news for the manager as its parent company reports a 92% dip in profits and cleans out senior management. "This strategy, which ...

EM debt relatively unscathed by virus: Research

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... been relatively unscathed by the coronavirus so far. But risk still remains. Eaton Vance's (EM) debt team said the positive news has been driven by the expectation that the impact on growth will be temporary, and central banks will intervene with lower ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
... "gross misconduct" is largely to blame, with investors pulling more than $17 billion (CHF 11.1 billion) from funds on the news. GAM's board of directors has waived bonuses for its senior leadership team and its new chief executive Peter Sanderson ...

Lendlease, Canadian pension fund expand partnership

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... first phase of homes in the partnership is near completion, with the first residents expected to move in later this year. The news comes as Lendlease provided an update on its global property portfolio, with $112 billion of new developments in the pipeline ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... Business Survey declined to a reading of +1 in January from +4 in November and December last year. Then there's this from news.com.au on January 15: "The brutal 2020 retail bloodbath has well and truly begun, with 161 popular Australian bricks-and-mortar ...

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... dealings in the Middle East and Asia, while it said its US business needed to be reshaped in order to improve returns. The news comes after the bank appointed a new Australian chief executive at the end of January, while global chair Mark Tucker said ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... law. "The government was in election mode when the budget was announced last year though, so most of the measures were good news for SMSFs," he said. One proposed change that has not yet been made law would see people over the age of 65 no longer required ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... "operating at reduced hours" with "very low customer traffic". Burman Invest chief investment officer Julia Lee said the latest news out of Apple was not surprising. "The downgrade was not surprising, and many other companies are likely to follow suit," ...