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Showing 3321 - 3330 of 17956 results for "Bank"

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... lifted on May 25, and since then economic activity has picked up. This is underscored by the improvement in the au Jibun Bank Japan PMI surveys. The composite index moved closer to the expansion mark, rising to a reading of 43.9 in July from 40.8 in ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

Giselle Roux joins Melbourne boutique

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
The former chief investment officer of Escala Partners and JBWere has joined a Melbourne boutique in an investment advisory role. Roux left Escala in August 2019 after six years with the firm, following US-based Focus Financial Partners taking a stake ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
With the much-awaited final report expected to be handed down today, all eyes are on its findings. Here's what Rice Warner and Grattan Institute are expecting from it. A draft of the report was not circulated for stakeholder comment and the review ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Four US pension funds have partnered to form the Global Peer Financing Association (GPFA), in a bid to increase and encourage peer-to-peer trading activity in the securities lending and repo markets to benefit asset owners. California Public Employees' ...

MSCI shifts to the cloud with Microsoft alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Global index provider MSCI has formed a strategic alliance with Microsoft to shift its products, data and services onto the cloud, in a move that the duo says will accelerate innovation among the global investment industry. The partnership will enhance ...

Value to be found in childcare stocks

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The government's ongoing fiscal support to the childcare industry throughout the pandemic has led to an undervaluation of childcare stock prices despite the COVID-19 surge in Victoria, according to latest research from Morningstar. Morningstar equity ...

Non-bank lender winds up fund

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... achieve sufficient scale. The DirectMoney Personal Loan Fund invested in fixed-rate unsecured personal loans originated by non-bank lender Wisr Investment Management. It was launched in May 2015 and had $4.96 million in assets at May 2020 end. Wisr ...

BNP Paribas adds to custody team

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
BNP Paribas has announced the appointment of Sam Meares as head of banking services operations Australia and New Zealand. Reporting to chief operating officer, David Banks, Meares will be responsible for managing the operations teams of the bank's ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...