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Showing 2461 - 2470 of 9740 results for "Major"

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
Lifecycle strategies hold 40% of MySuper's total $756 billion of assets and are becoming mainstream for superannuation funds, according to new Rainmaker research. Lifecycle MySuper total assets grew 21% in the year to June end, to hit $299 billion. ...

La Trobe Financial expands executive team

KRISTI CHENG  |  WEDNESDAY, 18 SEP 2019
... to our team." Bannister added Drury's "strong experience" in leadership makes him a valuable addition, and he will play a major role in executing La Trobe Financial's strategic plan. Completing the trio of appointments is Annie Sestito, who has been ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
CommSec is being coy about rumours Ord Minnett is poised to purchase its advisory unit. The Australian Financial Review reported yesterday that stockbroking firm Ord Minnett is planning to purchase CommSec Advisory. It reported Ord Minnett was asked ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... Aberdeen before its merger with Standard Life and in AMP Capital. The CFSGAM purchase is the Japanese giant's first major step outside of Japan in asset management. CFSGAM delivered $887 million in revenue for the year ending June. It has over $220 ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

What Future Fund looks for in managers

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
Managers looking to form long-term partnerships with the Future Fund should pay attention to ESG, succession planning and treating the sovereign wealth fund well in times of capital abundance, a Future Fund executive said at a conference in Melbourne ...

Expert hopeful ASIC understands MDA benefits

HARRISON WORLEY  |  THURSDAY, 12 SEP 2019
... "I'd say just wait and see," he said. "The history with MDA goes back to sort of the early 2000s or so. There was that major review that was done in the couple of years leading up to 2016, where we got a new legislative instrument. ASIC had very ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... update also includes details of ASIC's close and continuous monitoring program which has seen ASIC staff on-site at the major banks and AMP for 164 out of 222 working days meeting with staff at all levels. The regulator intends for these reviews ...