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Showing 311 - 320 of 809 results for "Australian Business"

Pension fund giant mandates Fidelity

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... fund returned 6.90% in during FY17. Its domestic equities holdings returned 15.56%. Last year, Fidelity's Australian business launched its first ETF and dropped the fees on two of its funds. It does not offer purely passive strategies for institutional ...

Andrew Boal departs Willis Towers Watson

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
... immediately. Boal had been in the role since September 2016, prior to which he served as managing director of the Australian business for 12 years. He has also previously served as head of large clients, Australasia and general manager of corporate risk ...

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ...

ANZ Australia head to depart

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... executive, business and private banking Mark Hand will act in the role while a review of the best structure for the Australian business is completed. Hand has been with the group since 1988. Ohlsson joined ANZ in 2001 and has held a number of roles across ...

Schroders hires former Hunter Hall portfolio manager

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
... Schroders managed $803 billion at June end. It managed $39.2 billion for Australian clients at October end. Its Australian business is focused on institutional and wholesale clients. It has a team of 95 in Sydney, with domestic research and investment ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... 2016 - and RBA deputy governor Guy Debelle's hinting a down move on interest rates. In his address to the Australian Business Economists Annual Dinner in Sydney yesterday, Debelle said: "The Reserve Bank has repeatedly said that our expectation is ...

Bank chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Bank of Queensland chief executive and managing director Jon Sutton stepped down with the bank now scouting for a replacement. Sutton resigned after three years on the job to focus on his long-term health following a heart operation earlier this year ...

CFS retail sales lead joins global boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... independent thinking. Steve and his team at Pacific Current Group have laid a strong foundation for GQG's Australian business, a foundation I'm looking forward to building on with the establishment of GQG Australia," he said. Likewise, GQG Partners chief ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
Australian actual total capital expenditure was down 0.5% in the third quarter following a 0.9% decline in the second and lower than market expectations for a 1% pick up. That's the headline splattered on our screens when the Australian Bureau of ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... staff have been affected by the divestments; 717 of which are aligned advisers. What remains of ANZ's Australian business is: lenders mortgage insurance, financial planning, share investing and general insurance distribution. The group reported after-tax ...