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Showing 1191 - 1200 of 6475 results for "September"

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... this strong momentum and ensure that we have the right management structure to support our expanded client base." In September, Citi said it expects to add over 20 custody clients and employees in the next 12 months, as the RBC client transfer agreement ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... CBA's common equity tier one ratio by 29 basis points. The transaction is expected to be completed by December 31. In September, CBA received $450 million furthering the divestment of CommInsure Life to AIA Group. The payment followed a $500 million ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% plunge in the previous three-month period); it's up by 5.3% quarter-on-quarter (from -8.3%) and its ...

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... supported in the team by newly appointed analysts Anand Agarwal, Sally Chan, Andrew Hill and Alethea Leung. As at 30 September 2020, Man GLG had USD$27.3 billion in funds under management.

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
... initiatives, completion of MLC, integration of P&I and growing the AET business within our advice-led strategy." In September 2018, IOOF announced it would sell AET's corporate trustee business to Sargon (now Certes Corporation and under a new owner) ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China PMI surveys portend the growing times will continue to roll. I won't bore you with the ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% in the September quarter, recovering nearly half of the 7.0% lost output in the three months to June. Team Australia ought to be congratulated ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... have made declarations on climate change that don't match their actions. According to Rainmaker analysis, as of 30 September 2020, Aware Super had $93 million invested in Santos representing 0.52% of the fund's Australian shares exposure. In ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... calculating the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR), APRA said. According to Westpac's September 2020 Pillar 3 report, the bank had an LCR of 151% as at September 30, and an NSFR of 121.7%. The breaches have been rectified ...

BlackRock to buy equity index firm

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... BlackRock US wealth advisory Martin Small said. BlackRock had US$7.81 trillion in total assets it manages as at the end of September.