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Showing 1711 - 1720 of 3558 results for "October 28"

Mercer wins university investment mandate

KARREN VERGARA  |  TUESDAY, 16 MAY 2017
A Melbourne university appointed Mercer as its new investment manager and awarded $215 million to two of the investment manager's socially responsible funds. A stronger environmental, social and corporate governance focus will see Swinburne University ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
"Three steps and a stumble" is an old market adage that foretells of a drop in the US equity market after the Fed's third interest rate hike. This is turning out to be a doozy so far - the Fed already completed rate hike number three on 15 March 2016 ...

APRA and ASIC launch insurance claims pilot

ALEX BURKE  |  TUESDAY, 9 MAY 2017
APRA and ASIC jointly launched the pilot phase of an initiative to raise standards of public claims reporting in the life insurance industry. The goal of the initiative, initially mooted in ASIC's REP 498 report in October 2016, is for the two regulators ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
Like the story of the blind man and an elephant, interpretations are often derived from which part of the animal you touched. Such is the case with the Australian Bureau of Statistics' (ABS) elephant - the latest update on Australia's "International ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
Whether it's the official tally or the private sector one, the latest purchasing managers' surveys point to slowing expansion in China's manufacturing sector and suggesting a weak start to the second quarter. China's official National Bureau of Statistics ...

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% ...