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Showing 251 - 260 of 3586 results for "Central"

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... society," Lill said. Additionally, Rest contends megatrends such as decarbonisation, deglobalisation, demographics, and central bank policy are key factors that will shape the future direction of the global economy. "Around half our members are aged ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... slower pace, up by 2.5% to a record US$8.38 trillion. It said the cost of debt servicing will continue to grow even as central banks cut interest rates as cheaper older debt is refinanced at new higher rates. Janus Henderson portfolio manager Tim Winstone ...

Local Aviva Investors managing director to exit

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
Aviva Investors, the global asset management business of London insurer Aviva Plc, will farewell its local managing director following a decision to manage distribution from Singapore. Australian managing director Brett Jackson has been with the firm ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
... technological innovations, regulators are responding with new cybersecurity standards to balance growth governance. "A central consideration for the financial services sector is how to most effectively navigate the current business landscape to ensure ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... reduce the impact of financial abuse. These included taking action to raise public awareness of financial abuse, creating a central source of training and support for those affected, establishing a hotline for consumers and service providers, reviewing ...

QIC beefs up energy team

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024
... primed to invest into energy transition opportunities but appreciate specialist know-how and active management play a central role in achieving appropriate risk-adjusted returns." Israel pointed out that Paul, Richard and Mark's acumen complement ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... (presumably eventually) in declining inflation," Miller said. "Arguably, in the current environment uncertainties facing central banks everywhere are unusually elevated. Some of that uncertainty can be sheeted home to the unique nature of any recovery ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... transition the energy system and realise net zero opportunities. He said the "financial services industry will play a central role," particularly in how private capital is attracted and deployed. On the government's end, it's investing $13.7 billion ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... potential reacceleration of energy prices, which could occur due to a rally in commodity prices that is driven by the central bank rate cuts in Europe and Canada. Such a development would push out the timeline for US rate cuts to next year." McCormack ...