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Showing 1161 - 1170 of 6475 results for "September"

BNP Paribas to offer initial margin services

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... non-cleared OTC derivatives positions. Initial margin rules for non-cleared derivatives transactions started to phase in from September 2016, with the sixth and final phase set for September 2022 after a year-long deferral in April 2020. "Asset owners ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... recent institution-level data published by APRA. Life insurers reported $ 1.58 billion in net loss for the year ending September 2020.

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... February 15 to 22." This risks of another recession in the UK so soon after the economy's 16.0% recovery in the September quarter, following GDP contractions of 3.0% in the first quarter of 2020 and 18.8% in the second. To mitigate the fallout, Chancellor ...

Schroders adds to private debt team

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
... team which strives to deliver high-quality outcomes for client portfolios." The news follows the appointment of Kidd in September last year as head of private debt, Australia. Kidd was charged with building and developing Schroders' private debt capabilities ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... many industry funds stayed away from and largest ones like AustralianSuper, UniSuper and Hostplus have stayed away. At September end, there were 25 lifecycle MySuper products. Of this, 14 were from retail funds, four from public sector funds, five from ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... institution-level data published by APRA. Life insurers, as a whole, reported $1.58 billion in net loss for the year ending September 2020. MLC Life chief executive Rodney Cook said the December 24 announcement demonstrated the "emphatic support of our ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... (MUTB) in October 2018 for about $4 billion. A year later, CFSGAM was rebranded, with the global rebrand completing in September 2020. In its previous ownership under CBA, First Sentier's central functions like legal, finance and compliance were ...

APRA Connect to go live in 2021

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
APRA has recommenced work on its data-collection project, which will go live in September 2021. Web-based platform APRA Connect ultimately replaces Direct to APRA (D2A) as the data collection tool. The test environment will kick off from June 2021. ...

Real estate investor chief retires

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
... executive he is looking forward to continuing to execute on the exciting initiatives in the businesses pipeline. "As at 30 September 2020, Cromwell had over $610 million of cash and available undrawn facilities with no material debt maturing until FY23. ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... was conceived through artificial insemination. She was born to Robert Smorgon's first wife. Robert Smorgon died in September 2019. It is thought that the Smorgon family fortune is in the realm of $2 or even $3 billion. The family is most notable ...