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Showing 3251 - 3260 of 14212 results for "Interest"

Lonsec chief to exit, chair welcomed

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
The chief executive of Lonsec will step down after three years, while a new chair, a former BT executive, has been named. Charlie Haynes joined the research house in April 2018, helping reshape and expand subsidiaries Lonsec Research, SuperRatings and ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... rise and fall in the FTSE reflect the truism in Sunak's words: "While our borrowing costs are affordable right now, interest rates and inflation may not stay low for ever; and just a 1% increase in both would cost us over £25 billion." Inflation ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... is happening in US, could lead to an economic disaster. "That could create a crisis because in a situation where your interest rates are higher than your growth rate, the debt will start to grow in and of itself and spiral and we've certainly seen ...

Montgomery launches two global strategies

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
Montgomery Investment Management is joining forces with a boutique fund manager to offer two global growth strategies to Australian investors. Montgomery will launch two of Polen Capital's growth strategies for local clients. Polen Capital Global ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
Mercer Australia has committed to achieve net-zero carbon emissions by 2050 for its Australian funds and the Mercer-managed investment options within Mercer Super. This represents a combined $36.4 billion in assets under management as at 31 December ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
The corporate regulator has commenced civil proceedings against the industry superannuation fund for misleading and deceiving members in relation to switching super funds. ASIC has taken Federal Court action against Rest for false or misleading representations ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... US $250,000 and individual contributions for partners were to be US $60,000. Around the same time, HESTA indicated its interest. In November 2018, Cbus came on board as well. "At that time, [Maurice Blackburn deputy chief executive Felicity] Pantelidis ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger of the two funds is in the best interest of members. VISSF chair Peter Sharples said increasing regulatory reform and rising costs of compliance is having an impact ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
A senator has argued that super funds should not be able to take short positions or participate in securities lending to short sellers. Queensland Liberal National Party Senator Gerard Rennick delivered an impassioned speech during the Senate debate ...

Wingate announces acquisition

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
Wingate has announced the acquisition of a significant equity interest in Fifo Capital Australia. Fifo provides invoice, supply chain and trade finance solutions to over 3000 Australian businesses. Wingate and Fifo have worked closely together since ...