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Showing 1111 - 1120 of 13338 results for "Economic"

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... environmental and climate change-related programs. Some $1.6 million will develop a sustainable finance taxonomy for classifying economic activities according to their impact on sustainability goals, Chalmers said. "This lays the foundation for an Australian ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... the level of stressed assets, however we boosted credit impairment provisions this half reflecting the forecast tougher economic outlook."

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
Jeremy Lawson has rejoined Australia's central bank after working as abrdn's chief economist for 10 years. Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began ...

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
... expected significant growth in data demand underpins our interest in the digital infrastructure sector. At a time of economic uncertainty, we remain cautiously opportunistic, and this is a great example of that approach. "We look forward to a strong ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
AustralianSuper's head of allocation and research is the latest executive to relocate to the asset owner's burgeoning London office. After eight years working at the $250 billion super fund, Carl Astorri has been appointed head of investments ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... however explained the cash rate peak has most likely been reached and therefore more hikes are unlikely. "As long the economic data in this month's Statement on Monetary Policy is in line with their forecasts or a little bit weaker, the Reserve Bank ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... abroad. Macquarie managing director and chief executive Shemara Wikramanayake said: "Against a less certain market and economic backdrop, the diversity of Macquarie's activities and the expertise of our teams ensured we maintained strong performance ...

More misfortune for Magellan

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
Once again, Magellan Financial Group has experienced a drop in its total funds under management (FUM), falling a further $0.5 billion. It saw net outflows of $2.4 billion, comprising net retail outflows of $0.4 billion and net institutional outflows ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
In a widely anticipated move, the US Federal Reserve has raised interest rates by 25 basis points, elevating the target range to 5% - 5.25%, marking the highest level in 16 years. The central bank's decision comes as part of its ongoing commitment ...

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
The Dalton Street Market Neutral Trust is to be terminated this month as it is "no longer economically viable." As responsible entity for the fund, Equity Trustees said the fund will be wound up no later than May 10, primarily due to its low assets ...