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Showing 191 - 200 of 2947 results for "August 2011"

Pendal's Blayney lands at HESTA

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
HESTA has made two new senior hires including a general manager of dynamic asset allocation and a general manager of information security. Former Pendal Group's head of multi-asset Michael Blayney will take on the former role with Nick Catherall ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
Building on its success, HMC Capital will relaunch the HMC Capital Partners Fund I with an expanded mandate. HMC Capital Partners Fund I (HMCCP Fund I) - predominantly targeting listed investments up to 10 positions - delivered more than 55% net returns ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests. Grant Thomson is banned from providing financial services, controlling an entity that carries on ...

Canada pension fund hires ex-CalPERS CIO

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
Canada's largest pension scheme has hired a former CalPERS investment chief who famously led a big push into private equity and private debt. The Canada Pension Plan Investment Board has confirmed the appointment of Ben Meng as head of investment ...

RBA forecasting has been 'terrible': Yarra Capital Management

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
Yarra Capital Management co-head of Australian fixed income Roy Keenan believes the RBA is "really behind the curve" when it comes to easing monetary policy, arguing that a delayed rate cut has little to no effect. The firm had predicted at least two ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
The National Pension Service (NPS) of Korea - the worlds third largest pension fund - has acquired a 4.17% stake in Metrics Credit Holdings for $50 million. This comes seven years after Pinnacle Investment Management paid $46 million for a 35% equity ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
Westpac chief executive of consumer banking Jason Yetton has left the bank, prompting a search for his successor. Yetton led the consumer division since August 2023 after three years leading the bank's specialist business and group strategy. This ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ...