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Showing 1271 - 1280 of 3537 results for "s. First"

Challenger head of retail departs

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
Challenger's head of retail sales has left the company after 12 years to join a Melbourne boutique. Yarra Capital Management has appointed Vito D'Introno as its first chief commercial officer. D'Introno has led the retail business at Challenger Life ...

Global manager hires Principal director

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $486 billion global manager has hired Principal Global Investors Australia's institutional sales director for its Sydney office, as it looks to grow its business down under. Michael Gaffney is joining Barings in its global business development ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... been an utter repetition, but these words and phrases rhyme with the governor's words just a month before the RBA's first of three interest rate reductions this year (so far) - and even more optimistic. On May 7, Governor Lowe said: "The central ...

WTW launches first Australian-domiciled fund, names RE

ELIZA BAVIN  |  MONDAY, 4 NOV 2019
Willis Towers Watson (WTW) has launched its first Australian-domiciled fund and appointed a responsible entity. The Global Equities Focus Fund (GEFF) will launch this month and "capture only the best investment ideas from the world's top global ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
The Australian Financial Complaints Authority has delivered $185 million in compensation to consumers in its first year of operation. AFCA received a 40% uptick in complaints compared to previous complaints schemes. About 77% of complaints lodged have ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
The Australian Securities and Investment Commission has warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
An American manager looking to tap the Australian market has had a change of direction as it sees greater opportunities in superannuation funds' requirement to develop retirement income products. Thornburg Investment Management which was founded ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... (HICP) trended down from 3.0% in November 2011 to a low of -0.6% (deflation) by January 2015. So much so that Draghi's first month (or three days after he assumed the ECB presidency) was to cut interest rates by 25 bps each - repo rate to 1.25% ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...