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Showing 1101 - 1110 of 4023 results for "January"

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... has been temporarily elevated to the vacant chief risk officer role which has yet to be permanently filled following the January departure of Ruby Yadav. Yadav has since commenced in a new role as Mercer's chief risk and compliance officer. UniSuper ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... six months between July 1 and 31 December2019, it recorded 55 financial services related results. Additionally, as at 1 January 2020, ASIC had 14 criminal and 58 civil financial services related matters still before the courts. "In the last Enforcement ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... environment. The government's changes to end grandfathered provisions for conflicted remuneration will come into effect from 1 January 2021. With this change, the full effect of the FOFA laws will come to fruition, banning advisers from receiving conflicted ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... (April 2020)' report, the BOJ downgraded GDP growth to -0.4 to -0.1% in FY2019 (from +0.8% to 0.9% predicted only in January - before the coronavirus turned into a pandemic) and by -5.0% to -3.0% in FY2020 (from +0.8% to 1.1%). While the BOJ largely ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
... on market conditions," he said. "This proactive approach underpins our strategy and, we believe, differentiates us." In January, the investment team appointed Heath Palos as a portfolio manager. Most recently, Palos was the portfolio manager responsible ...

Former State Super investments chief returns

HARRISON WORLEY  |  MONDAY, 27 APR 2020
... 2016, eventually joining the Coal Mining Industry Long Service Leave Funding Corporation as chief investment officer in January 2018. About six months later, Rasmussen joined the trustee board of Equipsuper, serving on the board's investment and audit ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... long-lasting consequences. These stimuli will add large amounts of sovereign debt to a stock that already was massive." "In January, we expected sovereigns would collectively borrow around $8.1 trillion to cover financing needs. We now expect another ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... pre-Brexit to 1.1% as at the end of the December 2019 quarter. But in his last meeting as Bank of England (BOE) governor in January this year, Mark Carney was waxing optimistic. "The most recent indicators suggest that global growth has stabilised, reflecting ...

Industry fund redeploys executives

JAMIE WILLIAMSON  |  THURSDAY, 23 APR 2020
... follow that of the fund's deputy chief investment officer earlier this year. David Brown was appointed to the role in January, joining from Papua New Guinea's National Superannuation Fund.

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... reduced demand sent industrial production plummeting by 5.4% in the month of March - the steepest monthly decline since January 1946. Still, there's reason for optimism. The VIX index - the fear gauge - has come down from a record high of 82.69 in ...