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Showing 1531 - 1540 of 6427 results for "PAC"

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
Industry Super Australia (ISA) has significantly ramped up its campaign against the Morrison government's Your Future, Your Super reforms package saying it will only serve to help dud funds. ISA said the reforms package will benefit the big banks and ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Link Group has responded to the recent takeover proposal from SS&C Technology Holdings, saying it inappropriately values the company but will allow the commencement of due diligence with the hopes of a better offer. As announced on Monday, SS&C Technology ...

Tourmaline hires two leads, expands footprint

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... and address bandwidth issues, and it's great to be working with the Sydney team to deliver clients these benefits in Asia-Pac." Keir Collins will lead the Dallas operations, joining from global multi-strategy alternative investment management HBK Capital ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...

Amazon Web Services expands Australian operations

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Amazon Web Services (AWS) will open a second infrastructure region in Australia next year, assisting the financial services industry to run applications and serve end users from data centres around the country. The AWS Asia Pacific (Melbourne) Region ...

BNY Mellon names country head

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
BNY Mellon Investment Management has appointed a new lead for its Australian business. Former chief executive of boutique asset manager Glennon Capital, Paul Bolinowsky, is the new country head for Australia. Bolinowsky will be responsible for the strategic ...

LaSalle appoints new APAC chief

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
The head of Asia Pacific for LaSalle Investment Management has been promoted to the lead global role, with a new regional head named. LaSalle chief executive and chief investment officer of Asia Pacific Mark Gabbay has been promoted to the role of LaSalle ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A Nasdaq-listed firm has one-upped the Pacific Equity Partners and Carlyle Group consortium bid to acquire Link Group. SS&C Technology Holdings is offering $5.65 per share to acquire 100% of Link via a scheme of arrangement. Link shares closed at $4.96 ...