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Showing 2471 - 2480 of 5919 results for "March 24"

Mercer wins $250m NZ mandate

ALEX BURKE  |  MONDAY, 16 JAN 2017
Mercer won a mandate in December to manage a $250 million New Zealand investment portfolio. Following what the New Plymouth District Council described as a "rigorous process" with consulting actuaries Melville Jessup Weaver, Mercer will take the reins ...

Veteran Suncorp executive departs

ALEX BURKE  |  MONDAY, 16 JAN 2017
A Suncorp executive will resign this month after 17 years at the banking and wealth management group. Clayton Herbert has held numerous senior positions at Suncorp, including deputy chief financial officer, acting group chief financial officer, group ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Goldman Sachs will pay a $120 million penalty for attempting to rig global benchmarks for interest rate products. The US Commodity Futures Trading Commission found that, between January 2007 and March 2012, traders in New York - including the head of ...

Metro property markets continue reliable income

DARREN SNYDER  |  FRIDAY, 23 DEC 2016
Property fund manager Centuria says Australian metropolitan markets will continue to deliver both reliable income and capital returns in 2017. Centuria Metropolitan REIT (CMA) trust manager Nicholas Blake told Financial Standard that several underlying ...

Garcia to exit AIST

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
Tom Garcia is resigning as AIST chief executive to take up a role with Australia's largest superannuation fund. As of mid-March 2017, Garcia will lead AustralianSuper's product innovation strategy as head of product. Garcia said he enjoyed his four ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
Australia employment There's good news and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.7% in November, the highest rate since August this year and was more ...

Suncorp appoints Microsoft exec

JAMIE WILLIAMSON  |  THURSDAY, 15 DEC 2016
A senior Microsoft Australia executive will lead Suncorp's strategic innovation from March 2017. Taking on the newly-created position of chief executive officer - strategic innovation, Microsoft Australia managing director Pip Marlow will join the Suncorp ...

Standard Life appoints Aberdeen exec

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
A former Aberdeen senior executive will lead Standard Life Investment's investment team in the New Year. Archie Struthers will join the global manager as head of investments on 9 January, taking over from current head of investment process Bill Lambert. ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 DEC 2016
Australia business confidence "While outcomes in the survey are not pointing to a severe slowdown in economic activity, the results have softened enough to suggest that growth remains sub-trend." (Alan Oster) This is a fair assessment from NAB's group ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
Australia trade balance It makes a nice sequel to the horror 0.5% contraction in Australia's third quarter GDP growth, a widening of the country's trade deficit, that is. Australia's trade deficit rose by 21.3% to A$1.54 billion in October from A$1.27 ...