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Showing 1331 - 1340 of 6423 results for "PAC"

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
The nation's wealth gap continues to widen as new research suggests Australia is among the richest in the world, rising up the ranks to record one of the largest gains in wealth in 2020. Credit Suisse's latest Global Wealth report saw Australia ...

ClearView risk chief joins IOOF

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
IOOF has appointed ClearView's chief risk officer to a newly created role, with ClearView nabbing the former chief of risk for Commonwealth Bank's wealth management arm. A spokesperson has confirmed Orla Cowan departed ClearView after about 18 months ...

Aussie PE, VC assets hit milestone

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
Australian private equity and venture capital firms' assets reached a record high of $18.4 billion (US$14bn), according to new research. The Alternative Assets in Asia-Pacific report compiled by Preqin saw a 20% jump in the total capital raised ...

JANA hires from Mercer

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
The $850 billion asset consultant has appointed a co-head of the not-for-profit client sector as demand grows, nabbing Mercer's Pacific client segment leader for endowments and foundations. Michael Maher joined Mercer in 2007 as an associate before ...

Aware Super awards $30bn mandate

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
Aware Super has appointed an index solutions provider to take care of its passive equity and fixed income mandates. State Street Global Advisers will now manage about $30 billion in passive strategies for the $145 billion fund. The appointment follows ...

Citi appoints head of global asset managers

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
Citi has announced the appointment of a new head of global asset managers for Asia Pacific. John McLean, who is currently head of capital markets origination for Citi Australia and New Zealand based in Sydney, will step into the role. McLean has been ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
The government will soon introduce a regulatory reform package on Financial Market Infrastructure (FMI) following a review by Australia's financial regulators. The Council of Financial Regulators (CFR) consisting of APRA, ASIC, Treasury and the Reserve ...

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
Commonwealth Bank's former trading platform for financial advisers, now known as AUSIEX, has unveiled its executive lineup after being acquired by a Japanese firm. CommSec Adviser Services (CAS) has rebranded to AUSIEX (Australian Investment Exchange) ...

BlackRock unifies offering, rejigs executives

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
BlackRock Australia is combining its client business and iShares teams to deliver whole of portfolio solutions to clients, reshuffling its executives in the process. According to the investment giant, the bringing together of the teams will bring a ...