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Showing 3331 - 3340 of 10303 results for "STI"

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
It appeared that not only us, Australians all, were celebrating Australia Day on January 26. Our American brethren were too... but for a different reason. The Dow rose by 0.7% on the day (January 25 in New York); the S&P 500 increased 0.8% and the Nasdaq ...

Avenir eyes insto investors

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
Avenir Capital is looking to win institutional investors for its 'private equity mindset' approach to equities, after previously running capital raised mostly by word-of-mouth. The fund invests in 18 international stocks, with a longer-term ...

Franklin Templeton appoints head of retail

HARRISON WORLEY  |  FRIDAY, 25 JAN 2019
A former AMP Capital head of retail business is linking with Franklin Templeton to lead its retail efforts in Australia. Manuel Damianakis will join the global firm with a remit to drive its retail strategy and ensure financial advisers in Australia ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

Former Macquarie executive takes new role

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
Blue Sky Alternative Investments has appointed a former Macquarie executive as its new chief risk officer. Andrew Werro has taken on the newly created position, bringing more than 25 years' experience in financial services. Werro is a former chief financial ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Parametric have taken the final Productivity Commission report into superannuation to task in its latest research report. According to the firm, the PC missed an opportunity to highlight how super members retiring on after-tax returns are penalised ...

AUB Group hires chief executive

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... Emmett's salary will be a fixed annual remuneration of $850,000 including super plus incentives. There is a short term incentive (STI) of $600,000 (if on target) capped at a maximum 150%. Also, there is an annual grant of long term incentive (LTI) options ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
The Financial Services Council is extending the consultation period for the second iteration of its life code until 31 January 2019. The draft FSC Life Insurance Code of Practice was first released for consultation in November 2018, proposing 30 changes ...

Australia still low on trust barometer

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
Australians are reporting an increased trust in their institutions to do "what is right" since last year but overall levels still remain low, according the 2019 Edelman Trust Barometer. On an average, 40% of Australia's general population trusted ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for neobanks ...