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Showing 2281 - 2290 of 10710 results for "May 19"

State Street appoints APAC head of asset managers

KANIKA SOOD  |  MONDAY, 10 MAY 2021
State Street has hired from KPMG to fill the newly created role of head of asset managers segment, Asia Pacific. Neil Macdonald will join the role effective May 14. He will lead State Street's engagement strategy for asset manager clients in Asia ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
The $10.8 billion industry fund will not contest ASIC's March allegations against the fund regarding administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

First Sentier adds director

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
First Sentier Investors has added a staffer to its direct infrastructure team who will oversee water, wastewater and energy transition. Karine Rouge joined in May as a director based in New York. She reports to John Ma, the head of direct infrastructure ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
This month the Bank of England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at £895 billion. But buried in the "Monetary Policy Summary and ...

MAX finalists named, voting open

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
The finalists for the 16th annual Financial Standard MAX Awards have been announced, with voting now open until May 30. The Financial Standard MAX Awards highlight individuals, teams and organisations in the financial services industry excelling in ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
A former ANZ and Infocus Securities financial adviser has been banned for eight years after ASIC found evidence of forgery and falsifying documents. Lisa Lee, a Sydney-based former adviser, falsely witnessed binding nomination of beneficiary forms for ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

UniSuper to open doors to public

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
The $95 billion industry fund for the higher education and research sector is opening the fund to the general public. From July 5, UniSuper will allow new members to join the fund which is currently has 450,000 members made up of employees of the sector ...