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Showing 1151 - 1160 of 3556 results for "October 1977"

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... would need to cut interest rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was impeached (though ...

Fund manager hires from Paradice

ALLY SELBY  |  TUESDAY, 11 FEB 2020
An active investment management firm has appointed a new head of operations, plucked straight from Paradice Investment Management. Suzanne Bentley has snagged the role at Perennial Value Management, following an "extensive search" for the perfect candidate. ...

IFM Investors hires from Mercer

ALLY SELBY  |  FRIDAY, 7 FEB 2020
IFM Investors have hired a former Mercer principal to help lead the firm's risk and compliance operations. Amanda Oliver commenced her role as Australian director of risk and compliance at IFM Investors on 3 February 2020. The role was previously held ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
Challenger and an American fund manager have hired from Macquarie's Sydney offices, as they appoint an Australia head for their joint venture which is readying a credit fund. Ares Australia Management was set up in October last year as a joint venture ...

Phillip Kingston resigns from GrowthOps board

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
Phillip Kingston has resigned from the board of ASX-listed Trimantium GrowthOps, as his Sargon Capital venture stays in receivership. GrowthOps provides services in creative, technology, coaching and leadership, according to ASX filings. Kingston is ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
A Perth-based financial advice firm had to call in liquidators, with its directors blaming a 30% fall in its business revenue after the Royal Commission among other reasons. WA Wealth Managers (and WAWM Holdings Pty Ltd, as the main related firm) was ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
ANZ completed its sale of OnePath Pensions & Investments to IOOF for a renegotiated price of $850 million. The final sale price was $850 million, including the $25 million that ANZ received for the sale its aligned dealer groups in 2018. It was a renegotiated ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
A financial adviser who recommended his clients invest in a start-up company which crumbled a year later has been banned from the financial services industry for six years. Adelaide-based financial adviser Adrian John Cassidy has been banned from providing ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
The stats are out and they reveal that Australia's inflation genie is still inside Aladdin's lamp. The Australian Bureau of Statistics' (ABS) consumer price index report showed headline inflation inched to 1.8% in the year to the December ...

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
The UK's financial conduct regulator has been hit with a fine for failing to comply with requirements to include sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been ...