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Showing 3291 - 3300 of 10553 results for "BEI"

Whistleblowers rewarded US $570k

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
Two whistleblowers in the US have been rewarded for their efforts with the Securities and Exchange Commission awarding them a combined US $570,000. The first whistleblower received US $478,000 and the second US $94,000. The SEC did not reveal which ...

Global hiring freeze for BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The world's largest asset manager has instituted a global hiring freeze amid the COVID-19 pandemic. "Right now, we are focused on serving our clients and making sure our people are safe, supported and productive as possible," a spokesperson for ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
New research reveals that nine in 10 Australians believe the finance sector has a key role to play in generating positive social, environmental and economic outcomes for the nation. The study comes out of Australian Ethical and Responsible Investment ...

TAL reviews life distribution team

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAR 2020
The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure. A spokesperson for TAL has confirmed to Financial Standard that a recent review of its business units ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
With global stock markets rallying overnight, the chief executive of an independent financial advisory firm has pointed to key sectors that are benefiting from the spreading COVID-19 pandemic. deVere Group founder and chief executive Nigel Green said ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
More than US$775 billion ($1.3 trillion) in assets were wiped out of mutual fund strategies in the US during February, representing a single-month decline of nearly 5%, according to Cerulli. The research found ETF assets also plunged in February, declining ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
Emerging markets, which in recent times had made somewhat of a comeback, are now cowering in the shadow of the rapidly spreading coronavirus. As the world falls into a recession, COVID-19 will have a disproportionate impact on emerging markets, with ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Latest analysis of Australia's superannuation industry shows COVID-19 may prove the catalyst for small superannuation funds to finally pull the trigger and merge. Rice Warner believes the turmoil experienced across financial services will soon force ...