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Showing 1711 - 1720 of 3553 results for "October 2002"

MainstreamBPO chief steps down

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2017
A new chief executive for MainstreamBPO was named yesterday after longstanding chief executive and co-founder Byram Johnston stepped down effective immediately. Johnston indicated his desire to move away from the day-to-day management of the company. ...

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
Failure to fulfill key compliance and reporting obligations has resulted in the suspension of an AFSL by ASIC. As part of its ongoing efforts to improve standards across the financial services industry, the regulator suspended the licence of Australia ...

Russell Investments secures $1.9bn mandate

EMMA RAPAPORT  |  WEDNESDAY, 19 APR 2017
Global asset manager Russell Investments has been appointed by the Tasmanian Public Sector Superannuation Commission to manage $1.9 billion in defined benefit assets. Under the agreement, Russell will act as implemented investment consultant for the ...

Infratil sells $237m aged care stake to investment bank

ALEX BURKE  |  FRIDAY, 7 APR 2017
Infratil disposed of its 19.91% stake in a leading provider of New Zealand aged care facilities, netting $237.93 million via an off-market block trade. The stake in Metlifecare, sold to New Zealand-based investment bank Forsyth Barr for $5.61 per share ...

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
It's not as good as it looks. The second biggest Australian trade surplus on record, that is. Us, Australians all, should be rejoicing at the Australian Bureau of Statistics' (ABS) report that the country's international trade surplus widened by 138% ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
ASIC has cancelled the Australian financial services licence of Parramatta-based company Rural & General Insurance Broking for failing to comply with legal obligations and licence conditions. The regulator found the company failed to lodge annual financial ...

Two-year road to Brexit begins

BENJAMIN ONG  |  THURSDAY, 30 MAR 2017
It's official. It's signed, sealed and delivered. Making good on the promise she made in October last year, UK prime minister Theresa May invoked Article 50 of the Treaty of the European Union formally setting in motion the two-year time limit for negotiations ...

Goldman Sachs launches junk bond ETF

EMMA RAPAPORT  |  TUESDAY, 28 MAR 2017
New-York based financial firm Goldman Sachs is planning to launch an ETF which will invest in high-yield corporate debt, according to documents filed with the US Securities and Exchange Commission. The ETF will track an index of dollar-denominated bonds ...

Gross and PIMCO settle dispute

EMMA RAPAPORT  |  TUESDAY, 28 MAR 2017
Star bond manager Bill Gross has settled a law suit with former employer PIMCO, ending a 15-month legal battle. Gross, 72, sued PIMCO for $US200 million following his abrupt departure from the firm in 2014, claiming that he was forced out so colleagues ...

Global healing

BENJAMIN ONG  |  TUESDAY, 28 MAR 2017
... towards activity growth improves in all countries, bar India and Brazil - Global capex and hiring intentions climb since October - Cost pressures look set to intensify, notably in the eurozone, the UK and Brazil - Firms expect to pass through higher ...