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Showing 111 - 120 of 388 results for "ERI"

State Street nabs BNP executives

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
State Street has announced two appointments to its Asia Pacific leadership team as a part of its expansion plan. Mostapha Tahiri has been appointed as head of Asia Pacific and will report to both chief productivity officer and chief executive for State ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
A new report from Willis Towers Watson suggests the effects of COVID-19 could delay a person's retirement by as much as eight years. WTW said a range of factors caused by the COVID-19 pandemic mean superannuation fund members may need to keep working ...

Wasatch adds APAC distribution lead

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
US-based investment manager Wasatch Global Investors has appointed former ANZ Private Banking and Advice head of research and governance, Amelia Kennedy, to a newly created role leading distribution in the Asia-Pacific region. During her six-year tenure ...

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Northern Trust's survey of its American not-for-profit institutional clients found strong performance in the June quarter but year-to-date returns are still negative at pension funds and the like. Public funds -- which have about 50% in equities -- ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
A number of factors have contributed to the current economic uncertainty, and investment strategies need to adapt to the 'new normal', according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and Redpoint Investment Management. ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
Neobank Xinja has announced plans to launch a US share trading platform Dabble, giving investors access to over 3000 stocks and exchange traded funds (ETFs). Xinja claims Dabble will make names like Tesla, Facebook, Google and Amazon accessible and ...

COVID-19 inspires pump and dump scheme

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
A Californian penny stock trader is in trouble with the law after he claimed a company he was trading stocks in had developed a special COVID-19 test. The US Securities and Exchange Commission (SEC) has filed a complaint against Jason Neilson, saying ...

Bennelong adds to institutional distribution team

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
Bennelong Funds Management has appointed an institutional distribution executive as the company focuses on growing its domestic and offshore institutional capability. Eric Finnell is set to step into the role, having previously been at Fisher Investments ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... balances of $50,000 or less and the average withdrawal amount for applicants is $8,300. The findings are in line with APRA's ERI data, which also revealed AMP paid applications within five business days 99.7% of the time, with the remainder paid within ...