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Showing 3251 - 3260 of 17956 results for "Bank"

QIC appoints committee chair

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... said. Nankivell is currently the founder and managing director of Global Alternative Funds. She has also worked at Macquarie Bank and BT. "[She] brings a unique range of experiences and insights into the asset class, across a wide range of strategies ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Global real estate securities are priced competitively compared to asset classes such as equities and bonds, according to a real estate investment specialist with $106.3 billion in global assets under management. Despite the serious headwinds faced ...

Moelis adds to board

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Moelis Australia has announced the appointment of two non-executive directors to its board, effective immediately. Alexandra Goodfellow and Kate Pilcher Ciafone have joined the previously all-male board, as Moelis chief financial officer Joseph Simon ...

Several promoted at Yarra Capital

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
Yarra Capital has announced a number of in-house promotions within its Australian equities investment team. Michael Steele, previously deputy portfolio manager for the firm's Australian smaller companies equity capability, has been promoted to co-portfolio ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive Shayne Elliott saying its ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. He has worked across Australia and abroad with Bank of America, JP Morgan Investment Management, Citigroup Asset Management and BT Financial Group. He is currently also the chair ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... some insight into Mawhinney's personal financial situation. According to an affidavit provided to ASIC lawyers, he holds a bank account in Monaco but claims that bank account was never used. He does not own any property in his name or have any credit ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said the bank made the decision to not deliver a dividend due to its desire to retain a strong balance sheet and the ongoing uncertainty ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... 31 mark "makes sense" in the current environment. "We are going through an unprecedented period of government and central bank intervention with extremely low interest rates and high levels of liquidity," he said. "Under normal conditions investors would ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... explaining to Australians why they should sacrifice more of their wages for super. The statement comes after the Reserve Bank governor Philip Lowe told the House of Representatives Standing Committee on Economics that an increase to SG will impact wage ...