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Showing 201 - 210 of 2180 results for %22Citi%22

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ...

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
The fund services provider has welcomed two financial services industry veterans to its board ahead of its application to obtain CCIV authority. MSC Trustees has added Ruth McClelland and Steven O'Connell as non-executive directors, effective last week. ...

HESTA awards major global equities mandate

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
Having won an extensive tender process, a Sydney-based fund manager will oversee a $1 billion global equities allocation for the industry fund. Antipodes Partners' Global Long Strategy has been selected by HESTA for the mandate, citing the investment ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... compared with the 1H22 quarterly average, and lending and deposit momentum continued (up 2% and 4% respectively, excluding the Citi acquisition). "Our business is in good shape for this evolving environment. Balance sheet settings remain strong, and ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... Australia's economy and alluded to the fact that it had inherited rising inflation, rising rates, and falling real wages. Citi Index market analyst Tony Sycamore called the latest RBA decision a dovish surprise relative to expectations. However, while ...

Yarra Capital appoints institutional, intermediary leads

JAMIE WILLIAMSON  |  TUESDAY, 2 AUG 2022
... and platforms. He was with Challenger for two decades, having joined in 2000 after three years in business development at Citi. He also has experience as a financial adviser, having spent seven years as an authorised representative of Associated Planners ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
A superannuation fund that targeted women has quietly closed after three years in market. FairVine Super, a sub-plan of Aracon Super, launched in May 2019 with a product specifically designed for women. The offering included a 'FairRewards' ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
After initially bidding for the Australian Unity Office Fund in May and requesting two subsequent extensions to the exclusive due diligence period, Aliro Group will no longer provide a revised bid. It comes as independent valuations shave $37.25 million ...

Darren Black appointed SuperFriend chief executive

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
SuperFriend has announced Darren Black as its new chief executive, effective September 6. Black is currently OzHelp Foundation's chief executive, a role he's held for four years. Black also sits on the boards of Suicide Prevention Australia and the ...