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Showing 1081 - 1090 of 5945 results for "Banks"

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... from issuers such as Magellan, Platinum, Fidelity, BetaShares and others. Deutsche and Macquarie are among the investment banks which act as access providers for internal market making mechanisms. ETF assets crossed $50 billion in Australia this month ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... first speech to the Senate, new Liberal Senator for New South Wales Andrew Bragg said compulsory super had "made the unions, banks and insurers richer than ever", and questioned the system's efficiency; in light of a population of around 25 million ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... under the Open Banking changes. The energy and telecommunications sectors are proposed to follow next. Three of the four big banks (Westpac, ANZ and Commonwealth Bank) have voluntarily launched the first stage of Consumer Data Right on 1 July 2019. The ...

Mercer unveils best-performing Aussie equity funds

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... said. Some managers with a negative market view held high cash levels. Additionally, the reversal in share prices of the banks appears to have negatively impacted a number of Australian equity managers in the second quarter, he said. Leading managers ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... portfolios to weather possible market volatility, in the face of political uncertainty and diminished liquidity as Central Banks reign in their market involvement," he said. "We expect the increasing focus on sustainability to continue and anticipate ...

Impact investing under threat

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... investment in a green bond is not necessarily having a substantial positive impact on the environment. "In Australia, the big banks have issued green bonds. We've invested in some of them and not in others. I'm not knocking them as an asset class ...

US bonds present ESG problem

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... that a lot of ESG related research focusses on listed companies "Most Australian companies will raise money through the banks but in the US more of it goes directly to the corporate bond market. So you have more unlisted companies raising money through ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... intend to increase permanent staff levels. The firm said mergers and acquisitions, the FASEA exam and moves by the big four banks to move their wealth arms had led to "mass redundancies", but added the skills in demand are still relatively consistent. ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... recognise the importance of making this data open and accessible to the public." Of all Australian financial institutions, banks were the most complained about - with a total of 12,305 complaints levelled at them. General insurers were the next most ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... domestic borrowing costs alone is sufficient to prod Australians, all, ramp up consumer spending - particularly with local banks and lending institutions passing forward only a fraction of the RBA's recent rate reductions.