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Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... markets, nearly half of global insurers (47%) cited risk management as a key driver for ramping up technology investments in the next two years, the report showed. "The importance of investing in technology to navigate regulatory change and growing exposures ...

Morningstar manager selection services lead exits

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... said: "We would like to thank Aman for all his contribution over the last five years and we wish him all the best in the next step of his career." Ramrakha has more than 25 years of experience in the financial services industry that spans experience ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... RBA's target band." However, it's difficult to determine whether the data is soft enough for the RBA to pause again next Wednesday. "Our central case has another 25-basis point hike from the RBA pencilled in for Q4 2023," Bloxham said. "We do ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... of partners, may be influenced by more senior partners across the firm. Independent thinking may not always be rewarded." Next, he highlighted that PwC places a disproportionate focus on revenue growth and market leadership as strategic imperatives. ...

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
... since. Nugara pleaded guilty to 37 charges and faces the maximum penalty of 20 years' imprisonment. He is to be sentenced next week.

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... are privileged to serve over one million Australian investors and their financial advisers today. Over the course of the next decade, we have a vision for the firm to continue developing into a leading, independent Australian financial services business." ...

Colonial First State appoints inaugural chief executive

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
Colonial First State (CFS) will welcome its first group chief executive, to commence early next year. Having stepped down as chief executive of Suncorp Bank today, Clive van Horen has been confirmed as the incoming chief executive for CFS Group. Announcing ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... maximum cap to provide more choice and flexibility to participate in the workforce. Pending the passage of legislation, from next January all new pension entrants over Age Pension age and eligible veterans will have a starting work bonus income bank ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... of $156 billion assets under management in Australian fixed income and we see this segment of the market doubling in the next three years," Neiron said. Last week, fellow funds management firm Betashares also expanded its fixed income offerings. Its ...

Apostle names global distribution lead

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... knows how to communicate effectively and is a problem solver - all qualities that make him an excellent fit to help lead our next phase of growth." Commenting on his appointment, Kouryialas said he is pleased to be joining during the fund manager's growth ...