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Showing 11151 - 11160 of 29084 results for "PRI"

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
The Commonwealth Bank is disputing allegations made by ASIC that it rigged the bank bill swap reference rate (BBSW) and engaged in unconscionable conduct. ASIC initiated civil penalty proceedings yesterday, alleging CBA traded a large number of its ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
Uh-oh. This shouldn't be happening! No, no, no. Only a few days after Fundstrat Global Advisors co-founder Tom Lee went public and declared the stock market in a "parabolic rise" - a bullish signal for the remainder of the year and which has failed ...

Fortnum manager becomes planning coach

DARREN SNYDER  |  TUESDAY, 30 JAN 2018
A financial planning industry veteran is joining a specialist coaching firm with plans to expand the planning arm of the national business. Joining Slipstream Coaching is Phil Little. He has more than 30 years' financial services experience and most ...

Cultural bias heavily discounts female artwork

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
Art buyers and investors pay female artists up to 50% less for their work compared to men on average, latest academic research has found. A study of more than a million art auction sales across 40 years found a 47.6% price gap between male and female ...

2017 AGMs less tumultuous: ASIC

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ...

Future Fund manager joins Fidante

ALEX BURKE  |  TUESDAY, 30 JAN 2018
The Future Fund's former debt and alternatives manager has taken on a new role with Fidante Partners. John O'Keeffe joins Fidante as head of boutique strategy and business management. In a statement, Fidante said O'Keeffe will help determine the "strategic ...

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
A number of market moving events and economic releases are scheduled for this week - ones that could either preserve or disrupt the status quo. In America, President Donald Trump will deliver his 'State of the Union' address and the Fed meets for the ...

Fund manager chief executive moves to QIC

DARREN SNYDER  |  MONDAY, 29 JAN 2018
QIC has executed a senior hire in its global multi-asset division, appointing the chief executive of a boutique Australian equities fund manager. Joining QIC is Allison Hill. Most recently Hill was the chief executive at DMP Asset Management where she ...

AI threatens financial services workers: Report

KARREN VERGARA  |  MONDAY, 29 JAN 2018
An overwhelming number (83%) of Australian financial services workers are concerned artificial intelligence (AI) technology will take over their jobs. That's according to technology and consulting firm Infosys' Leadership in the Age of AI report, which ...

Lead portfolio manager named for new international LIC

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
A former employee of Wilson Asset Management will lead its new listed investment company, WAM Global. Catriona Burns has been appointed lead portfolio manager of WAM's new global equities LIC, commencing mid-February and investing in undervalued international ...