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Showing 1241 - 1250 of 6282 results for "Asia"

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
ANZ has felt the wrath of the pandemic, reporting a 42% loss on cash profit in its full year results as it tries to protect itself from future credit losses. It has also updated its climate policy, saying it will exit thermal coal by 2030. The bank's ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... changes in technology and business requirements. A further charge of $77 million is for the write-down of goodwill in the Asia Pacific business and a charge of $66 million is set aside for the impact of AASB 9 accounting changes on ANZ's investment in ...

Ninety One wins equity mandate

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... through their Australian equities and emerging markets allocations," said Ninety One head of the institutional business for in Asia Pacific and Middle East Justin Cowper. State Super has led the way in evolving from this thinking and seeing the potential ...

AllianceBernstein hires two ESG leaders

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... the ESG product specialist role. Tapscott joins from Sustainalytics where she was director, client relations and head of Asia ex Japan. Prior to joining Sustainalytics, Tapscott was at Colonial First State where she was executive manager, responsible ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... distribution of 2.68% p.a. Invesco last year launched a strategy that invests in direct core property across US, Europe and Asia Pacific. The Invesco Global Real Estate Fund had $10 million in assets at September end.

Global firm hires local distribution head

JAMIE WILLIAMSON  |  TUESDAY, 20 OCT 2020
As it progresses plans to grow its footprint in the Asia Pacific region, Federated Hermes has appointed three directors including Janus Henderson's head of institutional business to lead distribution in Australia and New Zealand. Based in Sydney, Gary ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... domestic equity ETFs at $1.18 billion while cash ETFs had $150.9 million in inflows. Vanguard head of capital markets for Asia-Pacific Minh Tieu said despite uncertainty with events like the US election, cash is seeing fewer inflows compared to international ...

Further board changes at Clime

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
Clime Investment Management has announced a board resignation and two new appointments after welcoming a new chair earlier this month. Allyn Chant has resigned from the board as non-executive director, with Peter Beaumont and Brett Spork appointed as ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... is new to the private equity fold, helping manage the venture and growth portfolio. Schonfeld Strategic Advisors and Dymon Asia Capital are new managers to the alternatives multi-strategy (relative value). Wellington Investment Management added an alternatives ...

Westpac consolidates international operations

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... focus on Australia and New Zealand, consolidating its international operations into just three branches. Having reviewed its Asia, Europe and US businesses, Westpac will now move forward with just three branches in Singapore, London and New York. In ...