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Showing 321 - 330 of 1038 results for "ARI"

State Street nabs BNP executives

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
State Street has announced two appointments to its Asia Pacific leadership team as a part of its expansion plan. Mostapha Tahiri has been appointed as head of Asia Pacific and will report to both chief productivity officer and chief executive for State ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
ASIC has loosened the red tape for companies undertaking an initial public offering with the issuance of regulatory relief. Following a public consultation in February 2020, the corporate regulator has amended the legislation to grant relief for voluntary ...

VanEck to launch four new ETFs

ALLY SELBY  |  MONDAY, 24 AUG 2020
VanEck is set to launch four new ETFs, capitalising on innovation in healthcare and major worldwide trends such as eSports. These include a Video Gaming and eSports ETF (ESPO), Global Healthcare Leaders ETF (HLTH), Morningstar World ex-Australia Wide ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
A global pandemic and subsequent market volatility have hit wealth manager AMP, taking a near 50% profit hit compared to the same period last year. AMP provided an update on its 2020 interim operating earnings to the ASX, citing the impact from market ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac's money laundering woes continue to worsen, with the bank today announcing it has uncovered hundreds of thousands of additional transactions of $10,000 or more that are "incomplete or inaccurate" to AUSTRAC. After further investigation, the ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
There have been renewed calls from the country's major life insurers and adviser groups for a reset of the life insurance sector to allow for greater access. The Choice and Assess to Life Insurance (CALI) campaign, includes members from AIA, MLC ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
"As the economy reopens, incoming data are beginning to reflect a resumption of economic activity: Many businesses are opening their doors, hiring is picking up, and spending is increasing. Employment moved higher, and consumer spending rebounded strongly ...

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ...