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Showing 3151 - 3160 of 6605 results for "Future2"

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
The Customer Owned Banking Association named a former AMP Bank managing director as its new chief executive. Bringing more than 30 years' experience in financial services, Michael Lawrence will lead COBA from December 4, 2017. Lawrence led AMP Bank ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
Westpac Group chief executive Brian Hartzer welcomed a solid full-year result for the group, driven in part by the $4 billion added to BT Financial Group's Panorama platform. Westpac reported a statutory net profit of $7.9 billion - up 7% year on year ...

AIST creates lead advocacy role

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
The Australian Institute of Superannuation Trustees appointed an ex-ASIC adviser to a newly created advocacy role. Bringing more than a decade of financial services experience, Ailsa Goodwin has taken on the new role of head of advocacy at the industry ...

Quant manager ties momentum with machine

DARREN SNYDER  |  FRIDAY, 3 NOV 2017
A global quantitative investment manager has turned the clock to re-evaluate its momentum strategies, using expertise in machine learning to build better alpha-capturing trading systems. In his recent trip to Australia, Man AHL chief scientist Anthony ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
The Bank of England (BOE) did what it said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised ...

Students to manage university fund

DARREN SNYDER  |  THURSDAY, 2 NOV 2017
Top third-year Bachelor of Commerce students at Griffith University will actively manage a $250,000 investment fund with the purpose of generating returns to fund future student scholarships. Launched earlier this week, the Student Investment Fund will ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
About 4000 NAB employees look set to lose their jobs by 2020 as the bank further automates its business. Releasing its full year results, NAB said a reshaping of its workforce would see the creation of 2000 new jobs to 2020, though overall about 6000 ...

NZ Super Fund to invest $90m in life insurer

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
The New Zealand Superannuation Fund is proposing to invest NZ$100 million ($90 million) in a large life insurance provider, taking a 41.1% stake in the company. Fidelity Life is New Zealand's largest Kiwi-owned life insurer. Subject to shareholder approvals ...

AMP rolling out enhanced goals-based advice business

DARREN SNYDER  |  WEDNESDAY, 1 NOV 2017
AMP will roll out the next evolution of its dedicated goals-based financial advice business this month with an expected step change being the way clients converse about their advice experience. AMP Advice will use real-time modelling to demonstrate ...

TCorp and Sunsuper buy UK airports

DARREN SNYDER  |  WEDNESDAY, 1 NOV 2017
New South Wales Treasury Corporation and Sunsuper have purchased significant stakes in two UK regional airports after striking a deal with a large Canadian pension fund. The Ontario Teachers' Pension Plan (OTPP) sold 30% of its stakes in Bristol Airport ...