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Showing 221 - 230 of 3254 results for "CRIS"

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
Andrew Lill, the chief investment officer of $70 billion super fund Rest, says the role of a CIO is changing and not just because investment heads have to respond quickly to more volatile markets. Increasingly, investment chiefs must consider a range ...

Do your cyber-attack drills: Funds warned

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
A panel of experts at the Conference of Major Superannuation Funds stressed the importance for super funds to be prepared and have a cybersecurity strategy in place. When asked if super funds should have "something in the bottom of the drawer of someone's ...

Alternatives investors await more corrections: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
Hedge fund and venture capital investors are bracing for a tough 12 months ahead, anticipating asset valuations will continue a downward trend, new research finds. Many global institutional investors expressed concerns over asset valuations and subdued ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Super funds can better support more Australians in retirement from a diversity standpoint by investing wisely and understanding who their members are, the Conference of Major Super Funds has heard. Athlete and disability advocate Dylan Alcott and Homelessness ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
For most of us, women's reproductive concerns remain taboo in the workplace. However, with menopause estimated to be robbing women of at least $17 billion in retirement, calls for mandated menopause leave are growing. It's commonly accepted ...

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
The corporate watchdog has bestowed MSC Trustees new powers to act as a trustee for debt instruments such as debentures, notes and bonds issued by public companies, a first for an Australian corporate trustee. MSC Trustees is the first trustee firm ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
The ASX rebounded slightly this morning following the overnight bailouts of First Republic Bank and Credit Suisse, but has since remained unsteady. This mornings slight jump - 0.3% - was pretty modest, CommSec senior economist Ryan Felsman told Financial ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
In his annual letter to investors, BlackRock chair Larry Fink has said it's unclear what impact the collapse of Silicon Valley Bank and others this past week will truly have, saying they are just one element of the "price we're paying for decades ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...