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Showing 11 - 20 of 65 results for "Santa"

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares. The data indicated that 14 of the world's largest major global banks have suffered ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

Perpetual awards mandate

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... institutional client with a credit mandate. Perpetual has mandated Thornburg Investment Management which is headquartered in Santa Fe, New Mexico and represented here by Melbourne-based Terrain Placement. Perpetual head of multi-manager Theo Sofios said ...

CIMIC replaces chief after $1b write-off

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
CIMIC Group announced it will move its current chief executive into a different role within the business and replace him with an internal promotion. Juan Santamaria will commence as chief executive 5 February 2020, leaving his current role within the ...

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... over the past few weeks and into the first days of the Christmas month. The rally in equity markets made it appear that Santa Claus has already come to town - aided by underlying optimism over a US-China "phase one" deal (despite some stumbling blocks) ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
"I see trees of green, red roses too I see them bloom for me and you And I think to myself what a wonderful world." - Louis Armstong It could only be because I got up on the right side of the bed this morning and/or the sun is shining after several ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... develop retirement income products. Thornburg Investment Management which was founded in 1984 and is currently based in Santa Fe. It manages about US $45 billion across global equities and fixed income, in concentrated portfolios that are benchmark unaware ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
According to Mercer, Irish pension schemes are reducing their exposure to equities and diversifying into property, infrastructure and hedge funds instead. Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
We may have a Santa Claus rally this year after all! US Federal Reserve chairman Jerome Powell spooked us all - in the Halloween month of October - when, in an interview with PBS, he declared that: "The really extremely accommodative low interest rates ...

CMC Markets hires head of sales trading

KARREN VERGARA  |  THURSDAY, 1 FEB 2018
CMC Markets announced its new Sydney-based sales trading head for the Asia Pacific and Canada division. Ashley Glover will lead the CMC Markets APAC team to build its high-net-worth and frequent trader client base, as well as focus on delivering customer ...