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Showing 1251 - 1260 of 5158 results for "REST"

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... out over $5 billion to its members over the course of the scheme. Following closely behind was Sunsuper ($3.66 billion), Rest ($3.3 billion) and Hostplus ($3.1 billion). Qantas Super, which struggled at the beginning of the scheme to pay out members ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
A major industry superannuation fund has promoted from within to fill a vacant general manager position. Rest's head of operations David Madden has been promoted to general manager, administration solutions and governance. He replaces Kieran Varcoe ...

Lazard restructures Australian business

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
International financial advisory and asset management firm Lazard has confirmed it is undertaking a restructure of its Australian business. The reorganisation of the firm in Australia will not change anything for Lazard Asset Management. However, it ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping ...

Rest GM to head BT platforms

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
BT has appointed a former Rest executive as head of platforms after Dina Kotsopoulos' departure in September last year. Kieran Varcoe will step into the role, joining BT from $55 billion industry fund Rest where he was general manager of administration ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... including Whitehaven Coal, New Hope Group and Washington H Soul Pattinson. While AustralianSuper, Aware Super, UniSuper, HESTA, Rest and Cbus have all made commitments to divest thermal coal and/or to reach net-zero emissions by 2050, some of Australia's ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

Iron Man launches VC funds

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Actor Robert Downey Jr has launched two venture capital funds that invest in technological solutions that tackle environmental challenges. FootPrint Coalition Ventures comprises two funds - an early-stage Series A and late-stage Series B - led by Downey ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
ASIC has succeeded in winding up the issuer of Mayfair 101's debenture products, with the Federal Court ordering M101 Nominees to wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...