Search ResultsShowing 11 - 20 of 100+ results for "December 2014"
Chief economist update: US recession on the cards
BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
"Yesterday, all my troubles seemed so far away Now it looks as though they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time ...
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 ...
Former IOOF company loses court battle in timber scheme
KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Australian Executor Trustees (SA) Limited, formerly owned by IOOF, is expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S ...
Industry fund awards $125 million mandate
KANIKA SOOD  |  THURSDAY, 26 SEP 2019
An industry fund chose Dimensional Fund Advisors for a $125 million allocation as it directs more of its Australian equities assets into screened passive strategies. Christian Super manages $1.6 billion on behalf of its members, of which 23% is in Australian ...
New NAB chief start date announced
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
NAB has announced Ross McEwan will take the reins as the group's new chief executive before the year's end. Ross McEwan will step down from his role as chief executive of the Royal Bank of Scotland on October 31 and commence as chief of NAB onDecember ...
Senate secures members' interest changes
HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed ...
Brett Himbury's next innings
KANIKA SOOD  |  FRIDAY, 20 SEP 2019
IFM Investors chief executive will only be 57 when he retires in December next year, but he says the time is right. The company announced Himbury's intention to retire yesterday morning, after 10 years at the industry-fund-owned manager which has ...
Federal Court delivers APRA, IOOF verdict
JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...
IFM Investors boss to retire
KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Brett Himbury, 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 ...
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 ...
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