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Showing 2271 - 2280 of 6278 results for "December 2021"

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
Blue Sky Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its ...

CBA mulls sale of Indonesian life business

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
Commonwealth Bank will potentially offload its Indonesian life insurance business as part of a strategic review. The bank announced it is undertaking a strategic review of PT Commonwealth Life (PTCL) and has engaged external advisers to weigh the possibility ...

MetLife makes senior hire

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
The former head of group insurance product and strategy at MLC is now leading MetLife's group product division. MetLife appointed Stephen Sefton as head of group product, charged with expanding its group insurance product offering and capabilities. ...

Perpetual GM joins Evans Dixon ahead of IPO

ALEX BURKE  |  THURSDAY, 29 MAR 2018
Evans Dixon has appointed an institutional funds executive from Perpetual. Andrew Cannane was previously on the leadership team for Perpetual's corporate client services team, which provides wholesale trustee and custodial services for managed funds. ...

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
... underperformance," the report said. UBS suggested even though the Royal Commission's interim findings won't be released until December (with the final report available in February next year), banks will already be addressing irresponsible lending. The ...

Managed accounts climb to $57bn

ALEX DUNNIN  |  TUESDAY, 27 MAR 2018
The managed accounts sector climbed 46% last year to reach $57 billion by December 2017, according to the latest Institute of Managed Account Professionals market census. The results show that managed accounts are growing three times faster than other ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
Looking at the Australian Bureau of Statistics' (ABS) latest update on the country's labour market, one couldn't help but exclaim that it was a wonderful set of (seasonally adjusted) numbers. The economy added another 17,500 jobs in February following ...

AMP appoints director for $130 billion business

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
AMP has dipped into its internal talent pool to find a replacement for Vicki Doyle who left in December as director superannuation, retirement and investments - a role that is responsible for AMP's $130 billion super and platform business. The bank ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
And so it has come to pass. The US Federal Reserve did what was widely expected of it - it raised the fed funds rate target by 25 basis points to 1.5%-1.75% following its 20-21 March FOMC meeting. One sentence in the FOMC statement provides the underlying ...