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Showing 3641 - 3650 of 14212 results for "Interest"

Vanguard leaves Hong Kong, Japan for Shanghai

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Vanguard has announced it is exiting its exchange traded fund (ETF) businesses from Hong Kong and Japan to focus on retail clients in mainland China as the two offshore operations did not have "significant scale". The ETF provider said in a statement ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
Despite ongoing objection elsewhere, shareholders have approved the merger of Aon and Willis Towers Watson. Shareholders in Aon and Willis Towers Watson voted for all proposals necessary to see the merger through at their respective extraordinary general ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
ASIC is granting new relief measures to help investors facing financial hardship get access to money stuck in frozen funds. Pandemic-induced volatility has seen a number of managed investment schemes freeze redemptions for fear of undermining their ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... and liquid alternatives from QIC. Petar Bogdanovic spent 15 years at QIC, working in a variety of roles across fixed interest portfolio management, interest rate strategy, macro research, trading and portfolio reporting. In his new role at Funds SA ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... corporations, the government or not-for-profits and so debt financing is owed by other sectors." The RAB said falls in nominal interest rates and the deregulation of the financial system, mostly in the 1980s, accounts for most of the rise in household ...

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 ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Link Group has posted disappointing FY20 results across the board weighed down by tough trading conditions and increased regulatory costs. Compared to last year Link posted a 12% fall in statutory net profit, a 27% fall in operating net profit after ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... "the pandemic has forced the BOJ to be more mindful of the risk of banking-sector problems, which means it can't cut interest rates easily" and "...the BOJ has already detached its policy from its 2% inflation target, which means it won't take ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ...