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Showing 1251 - 1260 of 2994 results for "February 2014"

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Freedom Insurance Group has requested the ASX to suspend its shares indefinitely. Freedom first requested a trading halt on February 5 based on a "pending announcement providing a material update on the financial position of Freedom and its subsidiaries." ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
Say what? "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of ...

Sequoia chief resigns

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
Sequoia Financial Group's chief executive and managing director Scott Beeton is bidding farewell after nine years with the company. Beeton has also resigned as a director of the group effective February 4. In November 2018, Beeton flagged he would transition ...

Bill Gross announces retirement

JAMIE WILLIAMSON  |  TUESDAY, 5 FEB 2019
After more than 40 years in fixed income, Bill Gross is retiring to focus on managing his personal assets and private charitable foundation. Janus Henderson has announced the retirement of Gross, who joined the global asset manager in 2014, then Janus ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

Yarra Capital adds to investment team

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
The boutique has hired an AustralianSuper analyst after it took over the management of UBS's Australian equities funds last year. Olivia Dalton started at Yarra Capital Management two weeks ago. She will cover industrial stocks, working alongside ...

Global Financial Innovation Network launches

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
ASIC is helping launch the Global Financial Innovation Network, a group of financial regulators that aim to promote financial innovation across borders. ASIC is part of GFIN, which supports cross-border testing of innovative businesses. In floating ...

Industry fund appoints chair

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
A $2.5 billion industry fund has appointed a new chair as the incumbent retires after 19 years on the board. AvSuper has elected Ben Firkins to chair its board of trustees, starting February 1. He replaces George Fishlock who announced his retirement ...

Janus Henderson pulls out of Aussie equities

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
Janus Henderson Investors is shutting down its Australian equities funds and will return about $490 million of capital to investors. "Over the past 18 months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully ...

Mercer names new people and culture lead

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
Mercer has appointed a new people and culture leader for the region; meanwhile Yolanda Beattie has exited as the lead for diversity and inclusion practice. Gaye Morris will lead a workforce of 2000 in Australia and New Zealand, bringing 20 years' ...