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Showing 1521 - 1530 of 3556 results for "October 2004"

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

Zurich seeks new investment chief

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
Zurich Australia is on the hunt for a new chief investment officer following an international promotion. Zurich has confirmed that current chief investment officer Sammy Ebstein is relocating to take on the same role for Zurich's business in Austria. ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
Commonwealth Bank will pay $700 million to resolve civil proceedings brought against it by AUSTRAC for contravening anti-money laundering and counter-terrorism laws - almost double what it anticipated. CBA has announced it reached an agreement with ...

StatePlus awards custody mandate

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
StatePlus has awarded a custody mandate to the same provider as its $90 billion parent First State Super. The financial advice and investments firm's custody mandate was won by State Street. State Street will now provide StatePlus with back office ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud. Ben Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative ...

ANZ dealer group chief departs

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
The chief executive of several ANZ-aligned advice dealer groups is joining Australian Unity. Millennium3 and Financial Services Partners chief executive Matt Brown has been appointed to lead Australian Unity's financial advice division. As executive ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
Contango Asset Management is reducing the cash allocation in its listed income fund, aiming to have 95% of its net tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) ...

Zenith hires former asset management chief

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
Zenith Investment Partners appointed the former chief executive of an Australian equities fund manager as its national sales manager. David Parr joins Zenith at a time the investment research firm is broadening its managed accounts capabilities, on ...