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Showing 1411 - 1420 of 5515 results for "September 2005"

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Challenger appoints funds management boss

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Challenger has appointed a new chief executive for funds management after Ian Saines announced his intention to retire from the role in June. The job is going to Nick Hamilton, who has led Challenger's multi-boutique business Fidante Partners since ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
CommSec is being coy about rumours Ord Minnett is poised to purchase its advisory unit. The Australian Financial Review reported yesterday that stockbroking firm Ord Minnett is planning to purchase CommSec Advisory. It reported Ord Minnett was asked ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
Financial Standard already said its piece several days before the European Central Bank's (ECB) September 12 meeting, concluding that: "Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate ...

IFM Investors hires executive director

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
The $140 billion investment house has hired from Russell Investments' institutional sales team to fill a newly-created executive director role. Nicki Ashton joined as IFM's head of Australia, global relationship group on September 3. She will ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... sentiment survey is case in point. Australian consumer sentiment declined by 1.7% in September to a reading of 98.2 in September - pessimists outnumber optimists - from 100.0 in the previous month and has trended lower since hitting the high of 106.1 ...

Pinnacle boutique readies investment rejig, fee cut

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
A boutique partly owned by Pinnacle Investment Management is planning to rejig its investment strategy and cut fees by 12bps for one of its funds. The Resolution Capital Core Plus Property Securities Fund - Series II currently invests predominately ...

ASIC super specialist jumps to law firm

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
A senior specialist on ASIC's superannuation team has taken a consultancy role within a law firm's financial services team. Ruth Stringer joined Herbert Smith Freehills on September 2. She has more than 30 years of experience, most recently at the Australian ...

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...