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Showing 1461 - 1470 of 3678 results for "Maintain"

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... weighted towards investments in Japan, South Korea, Singapore, Hong Kong, Taiwan and Australia," Luciano said. "We will maintain a watching brief on India, mainland China and the Philippines but will not be investing in companies listed in these jurisdictions ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Super fund awards Australian equity mandate

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
A $43 billion superannuation fund has awarded an Australian equity mandate to a specialist fund manager. State Super has selected Martin Currie to manage a mandate for its retirement-focused equity income strategy. The amount to be overseen by Martin ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... units. The financial services Royal Commission found some large superannuation funds were spending significant amounts to maintain or establish good relationships with employers. Hostplus had to justify why it spent $260,000 annually to host employers ...

Credit Suisse names chief executive

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Credit Suisse hired Deutsche Bank's former head of corporate finance, Asia Pacific to lead its Australian operations as chief executive. Effective October, Richard Gibb will lead the Swiss investment bank's Australian franchise across investment banking ...

Ariel Investments promotes president

KARREN VERGARA  |  MONDAY, 22 JUL 2019
... purchase represent a long-planned generational transition of leadership and ownership while simultaneously allowing us to maintain continuity," he said. Rogers founded Ariel in 1983, which began as a small and mid-cap value manager, and has evolved to ...

Franklin Templeton boosts retail distribution

ELIZABETH MCARTHUR  |  THURSDAY, 18 JUL 2019
Franklin Templeton announced a key appointment in its Australian retail advice market business. Paul Ramsay steps into the role of retail key account manager, based in Franklin Templeton's Melbourne office. Ramsay will focus on building and maintaining ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
UBS has appointed new co-country heads for Australasia, as Matthew Grounds announces his plans to retire from the firm. Grounds will retire at the end of the year after 11 years as UBS Australasia's country head and chief executive. "Matthew has been ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...