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Showing 181 - 190 of 1161 results for "GFC"

Challenger appoints new chief executive

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... operating officer in 2008. Since 2012 he has served as the company's managing director and chief executive. "Coming out of the GFC, Challenger embarked on a strategy to focus the business on re-establishing Australia's annuities market. Under ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... high levels of underperformance in active managers have fueled the ETF segment's growth after it first took off after the GFC. Product boom Managers from both sides have been active in launching new investment products this year. On the ETF side, international ...

Regulatory inadequacy to blame: Hayne

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... exacerbate, according to the Royal Commission. In his interim report, Commissioner Hayne has said scandals dating back to the GFC can shed light on the conflicts and culture in the financial advice industry today. Hayne said that because regulatory responses ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... Leaders 14.6% and WAM Microcap 21.9%, the manager said in a conference call for media and investors yesterday, Before the GFC, Wilson's funds had about 35% in cash. "We are a little nervous," Wilson said. "US interest rates are backing up a little ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... ma'am, Lehman Bros. filed for bankruptcy on 15 September 2008, setting off a chain of events that changed the meaning of GFC from Geelong Football Club to Global Financial Crisis. Maybe, this time is different. Then again maybe not. The "Economic ...

Natixis appoints insto sales head

KANIKA SOOD  |  TUESDAY, 21 AUG 2018
... switch from investment banking to investment management in 2007, Watson added that working closely with investors during the GFC gave her a "valuable understanding of the responsibility we have to Australian superannuants." "Our industry must provide ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... SelectingSuper Default/MySuper index delivered 9% for FY18, marking the ninth consecutive positive annual return since the GFC. One-third of MySuper products delivered double-digit returns, while the average annual return for life stage options for a ...

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... holding," he said. George Colman started ARCO about 10 years ago with Citigroup managing director Peter Whiting, right before the GFC. It has attracted investment from Melbourne-based family office Burnham Capital. Burnham acquired a minority stake in ...

Aussie seniors fear GFC repeat

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... from National Seniors Australia and Challenger shows 70% of Australians over 50 are worried about the potential for another GFC, particularly among those who retired more than a decade ago. According to the data, a quarter of over-50s do not believe ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC - when most major economies went into a Great Recession but Australia didn't. As any currency warrior would tell you, this ...