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Showing 1221 - 1230 of 8004 results for "Start"

AustralianSuper boosts private equity investments by $13bn

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
AustralianSuper will invest $13 billion into private equity globally over the next two years and grow its US-based team to deliver strong long-term returns for members. About $9.5 billion of this capital is planned to be invested in the US where the ...

Bendigo and Adelaide Bank establishes new super trustee

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... person. The spokesperson continued: "Bendigo Super will replace Sandhurst Trustees as the trustee for the Bendigo Smart Start Super and Bendigo Smart Start Pension. Sandhurst Trustees will continue in its roles as the responsible entity, investment manager ...

PIMCO selects new head of local business

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
PIMCO has announced Samuel Watkins as executive vice president and head of business for Australia and New Zealand. Watkins will have local oversight of business management functions and report to the head of Asia-Pacific Alec Kersman. In this role ...

Rest bolsters operational risk oversight

ELIZABETH FRY  |  FRIDAY, 6 MAY 2022
After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... also evidence that wages growth is picking up. Given this, and the very low level of interest rates, it is appropriate to start the process of normalising monetary conditions." The central bank has also increased the interest rate on Exchange Settlement ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... increased by 3.7% year-on-year, and the fact that inflationary pressures are starting to broaden should be enough for the RBA to start its rate hike cycle at its May meeting," he said. "Since inflation was below the lower end of the RBAs target band ...

Crestone appoints deputy chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
The former chief investment officer of Energy Super joined the investments team at Crestone Wealth Management this week. Kevin Wan Lum taken up the post as deputy chief investment officer at Crestone, reporting to chief executive Michael Chisholm. He ...

UK regulator introduces diversity rules for listed entities

JAMIE WILLIAMSON  |  THURSDAY, 21 APR 2022
... of their executive team by gender and ethnicity. The rules apply to the reporting period commencing this month and should start appearing in annual reports from Q2 next year. The rules will be reviewed in three years' time to ensure progress and that ...

Bennelong bolsters distribution team

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Bennelong Funds Management has appointed a new account director to cover New South Wales and the Australian Capital Territory. The firm named Mai Platts as account director, NSW and ACT, as it continues to expand its investment distribution team. Platts ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... Australia's biggest bank. They are sizable hikes, particularly in relation to investor rates." "People who fixed at the start of the pandemic for a couple of years could get the shock of their lives when they realise how far fixed rates have risen al ...