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Showing 1351 - 1360 of 7095 results for "June 2011"

Fidelity changes up global equities team

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
Fidelity Investments' lead portfolio manager for global equities strategies has resigned. Amit Lodha will cede portfolio management responsibilities for funds including the Fidelity Global Equities fund, which is offered to Australian investors ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
We really do see what we want to see and hear what we want to hear... and rationalise accordingly. How else does one explain the US equity market's opposing reaction to the two most important indicators the Fed watches in determining its next policy ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
AMP Capital has announced a new chief executive, replacing Boe Pahari who stepped down in August last year. Shawn Johnson has landed the top job. He was previously senior managing director and chairman of the investment committee of State Street Global ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
Centuria Capital Group has launched a new fund that invests solely in a $224 million building in Victoria. The Centuria Government Income Property Fund (CGIPF) will become the new owner of 1 McNab Avenue, a 14-storey building located in Footscray. CGIPF ...

New chief operating officer at Zurich

KARREN VERGARA  |  WEDNESDAY, 9 JUN 2021
Zurich Financial Services welcomed a new operations chief overseeing life and investments, replacing industry veteran Gavin Pearce who has joined a global reinsurer. Effective this month, Hilary Bates became Zurich's chief operating officer of life ...

Count Financial adds two practices

KARREN VERGARA  |  WEDNESDAY, 9 JUN 2021
AMP and IOOF have each lost financial advice firms based in Adelaide to Count Financial. Adelaide Private Wealth, led by directors Hamish Zerbe, Ben Newbold and Mark Humpries, is a boutique financial advisory firm. It previously operated under AMP's ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

BlackRock rejigs Aussie shares fund

KANIKA SOOD  |  MONDAY, 7 JUN 2021
BlackRock is changing the name and fees for the BlackRock Concentrated Industrial Shares strategy. Effective June 1, the fund was renamed to BlackRock High Conviction Australian Equity Fund. The strategy has about $700 million in total assets, of which ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
After its ninth attempt, Macquarie Agricultural Funds Management is set to acquire a real estate investment trust for $354.6 million. Vitalharvest Freehold Trust (VTH) accepted an offer price of $1.295 per share from MAFM on June 2. In November 2020 ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...