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Showing 1101 - 1110 of 7223 results for "Record"

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... industry in 2023 as a significant number of borrowers come off the low fixed-rate loans that were available during the record low-interest-rate environment in 2021. Finally, Foresight highlights that the portion of high loan-to-value balances of 80% ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... he agreed anything extending beyond 2025 would be "too long." Throughout his address, Lowe highlighted Australia's record-low unemployment rate and said it's a "positive outcome" not mirrored by many other western countries. However, the tone ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
Recently announcing it has two mergers on the cards, Australian Retirement Trust (ART) has confirmed it is also in the final stages of taking on the corporate fund of a global IT giant. ART is undertaking a successor fund transfer with Oracle Superannuation ...

PGIM hires new Australia, NZ head for IRG

CHLOE WALKER  |  MONDAY, 6 MAR 2023
... more than 30 years of experience in the investment management industry in Australia, where he's built an impressive track record and developed a range of longstanding relationships with both investors and asset consultants," Hsin said. "As we continue ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... shares in the last 12 months said they have declined to invest in something because of the company's poor environmental record." On the subject of climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
Australian dividends rose to a new record last year and investors reaped the benefits taking home a collective $97.7 billion in payouts. According to Janus Henderson, the increase was complemented by an 8.4% rise in global dividends which grew strongly ...

HESTA investment committee chair to depart

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
... for his contribution that's continued to build on the fund's focus on investment excellence with impact and strong track record of performance," she said. HESTA said it started recruiting for the role last year and is in the process of finalising a replacement ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
Countplus reported growth in advisers of 13% in the first half and a 17% increase in wealth segment revenues, while also announcing it will discontinue Wealth Axis' operations. Filing its 1H23 results with the ASX this morning, Countplus' revenues were ...