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Showing 3561 - 3570 of 28255 results for "NOT"

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... (72%) and central bank policy (72%) drew the strongest consensus. However, a quarter of strategists said geopolitics will not impact markets in the second half of the year, instead calling geopolitical issues "noise". Over half of respondents (66%) believe ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... about 24 hours." Birt added that the reason why there is such a high demand for life insurance businesses is because they are not affected by stock markets downturns or other global catastrophes such as wars. "Risk businesses generally move up with CPI ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
Mercer has been appointed as the investment advisor for Pengana Capital Group's recently launched private credit arm, making it the first appointment of its kind for the former's Australian business. Pengana will look to leverage Mercer's global ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
US and UK regulators have imposed fines of $575 million (US$388 million) on the bank for risk management and governance failures related to the collapse of Archegos Capital Management. The US Federal Reserve has issued Credit Suisse a $394.84 million ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... high-quality assets at an attractive price." "When presented with the opportunity to assess this portfolio for UniSuper, we did not hesitate, recognizing the rarity of such offerings in the market," Wylie said. Stephens added: "The transaction highlights ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... activities in a range of industries, including those involving fossil fuels." "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index and therefore the fund," it said. As February 2021 ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... market to be the "Fund of the Future". "Reaching this milestone really establishes that large-scale digital transformation is not only possible in superannuation - it's an essential step for any large fund that intends to support members over the ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
With stop orders revoked, Spaceship is back in business and planning the launch of a new investment service, buoyed by an additional $6 million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... link. "If you think about the major breaches that have occurred, it's usually the humans who click on a link that does not adhere to the policy that leads to the breach. So, educating your staff and your members is very important," he said. "Lastly ...