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Showing 1261 - 1270 of 4169 results for "Action"

Bezos steps down at Amazon

JAMIE WILLIAMSON, ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
Jeff Bezos will step down as chief executive later this year, transitioning to the role of executive chair. Announced in Amazon's full year 2020 results, chief executive of Amazon Web Services (AWS) Andy Jassy will take over as chief executive in Q3 ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... to return to its end-2019 level by the middle of this year." Aussie! Aussie! Aussie! Oi! Oi! Oi! However, the RBA's action betrays its optimism. While the RBA kept interest rate settings unchanged - official cash rate and yield on 3-year Australian ...

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
... engagement with the companies they are invested in prior to any divestment to ensure that all measures to support climate change action have been exhausted. Divestment could insulate members from the perceived financial risks of fossil fuel companies ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... only potential new investors but also the interests of existing investors," ASIC acting chair Karen Chester said. "This action is one of several we have underway (under our project True to Label) targeting fund managers not doing the right thing by investors. ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... to run hot for longer. That view is going to be at least partially in doubt if we see repeats of [last] week's wild action." Add to this, rising inflation expectations in the US of A that could force the Fed's hand into halting policy accommodation ...

Shipton to leave ASIC

JAMIE WILLIAMSON  |  FRIDAY, 29 JAN 2021
... did say it was open to Treasury to seek legal advice as to whether Shipton breached applicable codes of conduct and what action could be taken if so. "After considering Dr Thom's report and supplementary legal advice provided to the Treasury concerning ...

Investment Trends names new head of research

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
Investment Trends has announced a new head of research as Recep Peker steps down to support the business in an advisory capacity. Irene Guiamatsia will step into the role, bringing two decades of experience spanning academia, market research and financial ...

Tide turns in ETFs, managed funds inflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
US exchange-traded funds ended 2020 with a new record for inflows, while managed funds set a record of their own - in highest outflows for a calendar year. Mutual funds are still roughly three times the size of ETFs in the United States, Morningstar ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... latest fund to be the subject of a campaign from Market Forces, demanding it divest fossil fuels and develop a climate action plan. Activist group Market Forces recently had success lobbying UniSuper to change its approach to investing in fossil fuel ...

AFCA forced into rule change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... consent to AFCA considering the complaint to achieve an early resolution and avoid the prospect of potential court or other action by the complainant," the authority said.