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Showing 271 - 280 of 1308 results for "Surprise"

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... the trustees of such funds to consider "dispassionately" what the right thing to do is. "This reality will come as no surprise to anyone in this room," Hume said. "The writing has been on the wall for a considerable period of time, and there has been ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Larissa Baker Cook overplayed her role in fee-for-no-services escalation and could be "verbose and dominant" in conversations, AMP says in its defence to her claim seeking compensation for unfair dismissal. The senior lawyer dragged her former employer ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... to 1.2% this year, resulting in a deceleration in GDP growth (at market exchange rates) to 2.3% from 2.8% last year. Surprise, surprise but all four international institutions recommend a "coordinated fiscal response" given that monetary policy has seemingly ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
QMV is kicking off a new legal business aimed at future needs of superannuation trustees and has picked a former UniSuper lead as its managing partner. The consultancy firm currently works with about 25 superannuation clients. Recent work has been focused ...

Frontier veteran to depart

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
The $380 billion asset consultant is bidding farewell to Fiona Trafford-Walker after nearly 25 years with the business. Trafford-Walker was appointed as Frontier's managing director in 2000 when it separated from Industry Fund Services and stayed ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... with the lifting of tariffs. The bottomline, a de-escalation of the trade war between Washington and Beijing would be a surprise (a pleasant one) given current sentiments. But an escalation would be a more likely outcome.

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... the chief executive of the $148 billion industry-super-owned fund manager, is retiring after a decade in the role in a surprise announcement made this morning. Himbury will retire from executive roles effective December 2020. IFM Investors will commence ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
The Hong Kong Exchanges and Clearing has proposed a $56 billion takeover of the London Stock Exchange. In a statement, HKEX said: "The board believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... support sustainable growth in the economy and the achievement of the inflation target over time." But back to the point. A surprise RBA rate cut would unnerve financial markets and spark speculations that the Australian central bank is more concerned ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... this year. The Reserve Bank of New Zealand (RBNZ), the Bank of Thailand (BOT) and the Reserve Bank of India's (RBI) surprise moves towards increased monetary policy accommodation on August 7 supports the bond markets' dim view over the prospects ...