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Showing 291 - 300 of 1784 results for "strength."

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

Franklin Templeton hires sales director

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
Franklin Templeton Australia has added a new sales director, overseeing independent financial advisers and private banks. Michael Bowen takes on the role, joining after a short stint with Investors Mutual as relationship manager, strategic groups. Bowen ...

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management. According to an ASX statement, Barrenjoey intends to seed an investment trust comprising ...

Datt Capital lashes board nominees

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
Datt Capital has taken aim at Selfwealth and encouraged shareholders to vote against all proposed resolutions at the upcoming extraordinary general meeting, claiming they "equate to a takeover by stealth". Datt Capital, which owns close to 10% of Selfwealth ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

Crestone appoints deputy chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
The former chief investment officer of Energy Super joined the investments team at Crestone Wealth Management this week. Kevin Wan Lum taken up the post as deputy chief investment officer at Crestone, reporting to chief executive Michael Chisholm. He ...

Contango signs distribution deal, flags rebrand

JAMIE WILLIAMSON  |  THURSDAY, 21 APR 2022
Contango Asset Management has entered into a distribution agreement with a newly launched private credit manager launched by the former chief investment officer of Merricks Capital. It has also signalled its intention to rebrand. Woodbridge Capital ...

Vanguard overhauls distribution leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
The head of distribution at Vanguard is leaving the business, while the current head of intermediary is moving to a new role and a head of financial adviser services has been appointed. Matthew Lumsden, who has been with Vanguard for the last 12 years ...

ART hires from Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
Australian Retirement Trust, the newly merged QSuper and Sunsuper, has appointed a head of sustainable investment from Cbus. In what is the fund's first major appointment since finalising the merger on February 28, it has nabbed Cbus global head of ...

AustralianSuper announces joint venture

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 MAR 2022
AustralianSuper has announced a new joint venture with British Land, which will see the two partner on the Canada Water Masterplan. British Land sold 50% of its stake in Canada Water Masterplan to AustralianSuper for £290 million. Following the completion ...