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Showing 2641 - 2650 of 10553 results for "BEI"

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
The Investa Commercial Property Fund (ICPF) has entered a 50/50 joint venture with international financial services group Manulife to acquire an office building in Sydney from Macquarie for $800 million. Investa and Manulife have acquired the right ...

State Super names new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 21 JAN 2021
State Super has appointed a new chief investment officer, replacing Gary Gabriel who departed for VFMC last year. Charles Wu has been affirmed in the role, promoted from deputy chief investment officer and general manager, defined contribution investments. ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
New research from Deloitte has found there is a disconnect between boards' risk appetite and effective strategic planning, which it said is threatening companies' ability to take on risk. The report, Refocus on Risk to Thrive, was based on interviews ...

Xinja returns deposits

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
The neobank has become the first Australian bank to return its customer deposits after it withdrew its banking products and announced the return of its authorised deposit-taking institution (ADI) licence. The Australian Prudential Regulation Authority ...

Vanguard growth ETFs shine

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
Two Vanguard exchange-traded funds have outperformed actively managed wholesale funds in the growth category, new Rainmaker research finds. Vanguard Diversified High Growth Index ETF (VDHG) and Vanguard Diversified Growth Index ETF (VDGR) delivered ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
The federal government is driving hard the importance of accessing quality, affordable financial advice. Minister for Superannuation, Financial Services and the Digital Economy Jane Hume has flagged the opportunities the Morrison government will take ...

Fidelity enters UK advice market

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
Fidelity International has launched a new restricted advice service, Fidelity Wealth Management, in the UK with five advisers and another six on the way. Fidelity said the UK wealth management arm will build on its existing wealth and retirement services ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...