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Showing 1591 - 1600 of 7099 results for "June 11"

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
China's cruel to be kind policy continues to pay dividends. Criticised and condemned they may be, but the swift and continued improvement in the economy prove that the Politburo's draconian restriction and lockdown measures implemented at the ...

Morphic co-founder exits

KANIKA SOOD  |  MONDAY, 19 OCT 2020
Chad Slater has resigned from Morphic Asset Management, a year after Ellerston Capital bought a stake in the business. Slater's portfolio management responsibilities will go to Ellerston co-head of global equities Bill Pridham. He has also resigned ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
The long-serving chief executive of an industry superannuation fund has announced their intention to retire. Bill McRobert will depart as chief executive of the Meat Industry Employees' Superannuation Fund (MIESF) in March of next year. The decision ...

Multi-boutique adds investment firms

JAMIE WILLIAMSON  |  FRIDAY, 16 OCT 2020
A multi-boutique that launched earlier this year has added two new fund managers to its stable. Mantis Funds is now providing distribution and operations support to Gyrostat Capital Management and Terra Capital. Mantis was launched in June this year ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Northern Trust has been awarded a $19.8 billion pension fund mandate by a leading retailer, replacing a longstanding partnership with State Street. Marks & Spencer's Pension Trust appointed Northern Trust to provide asset servicing solutions, such ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Australia will have a better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
As life insurance premiums continue to soar, industry fund Hostplus has managed to negotiate a premium freeze for members. The $48 billion super fund has secured a three-year freeze, which will maintain the current rate of death and total and permanent ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
In its annual report, APRA highlighted the success of its MySuper heatmaps initiative - despite new government reform possibly making heatmaps redundant after they were only in effect for one year. Following the Royal Commission, one of APRA's objectives ...