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Showing 321 - 330 of 974 results for "Essential+"

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
ANZ has seized the opportunities afforded to it by global digital currency adoption and created the first Australian-bank-issued stablecoin with positive results. Having only recently minted its first stablecoin, ANZ has already found several key elements ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, former deputy prime minister and Cbus chair Wayne Swan called superannuation a great triumph of social-democratic policy as it's become a major source of social stability. The world has become a more dangerous place, its ...

T. Rowe Price appoints new chief operating officer

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Global asset management company T. Rowe Price Group has announced Kimberly Johnson as chief operating officer, effective 29 April 2022. Johnson will serve on the management committee and will report to chief executive and president Rob Sharps. As chief ...

Janus Henderson launches net zero ETF

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 MAR 2022
Janus Henderson has launched the Janus Henderson Net Zero Transition Resources Active ETF (Managed Fund) (ASX: JZRO) in Australia. It's the third active ETF the manager has launched in Australia and invests in a global equity portfolio of resources ...

Research reveals investment differentiators between sexes

CHLOE WALKER  |  WEDNESDAY, 23 MAR 2022
New research suggests women are almost twice as likely to prioritise the impact of their investments than men. According to new research from Global Prime, women (12%) are twice as likely as men (7%) to prioritise the ethical impact of their investments ...

First Sentier rebrands direct infra business

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
First Sentier Investors' direct infrastructure business is becoming a standalone brand, with a new name to reflect its commitment to sustainability. Going forward, the business will be known as Igneo Infrastructure Partners; derived from the word 'igneous' ...

Digital economy regulation consultation opens

CHLOE WALKER  |  MONDAY, 21 MAR 2022
The Morrison government is seeking public feedback on regulatory frameworks for automated decision making (ADM) and artificial intelligence (AI). Minister for superannuation, financial services and the digital economy Jane Hume said it's estimated that ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The House of Representatives Standing Committee on Economics has recommended greater disclosure obligations for institutional investors and proxy advisors and for the ACCC to actively monitor common ownership in Australia - all the while sharing little ...