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Random questions forge deep connections

HARRISON WORLEY  |  WEDNESDAY, 10 OCT 2018
... session, first time delegates were asked to meet new people by finding "random common ground." Facilitating the session, Next Evolution Performance chief executive Vanessa Bennett said the goal of the activity was to demonstrate that it only takes a ...

Aviva chief executive exits

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... believe that given the turnaround has been successfully completed, it is time for new leadership to take the group to the next phase of its development," the board said in a statement. Wilson said: "When I joined Aviva, the company was in poor health. ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
Ratings houses have taken a broadly positive view on Hamish Douglass' decision to step down as chief executive of Magellan. On October 4 Douglass essentially swapped roles with the firm's chair Brett Cairns with Cairns appointed chief executive. ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... Commissioner Kenneth Hayne's interim report. The House of Representatives Standing Committee on Economics will commence its next round of public hearings on October 11, 12 and 19. The hearings will provide an important opportunity to scrutinise the bank ...

Fidelity launches active ETF

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... currently parked in Aussie ETFs -- or under 3% of the market. "We expect the take up of active ETFs to increase over the next few years but we can't say how much it will be," Devoy said. Why an emerging markets ETF? Fidelity portfolio manager Alex ...

QSuper hunts for new CIO

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... markets around the world, which always offer new opportunities and threats, he said. "My contribution will come to an end next year, but I know QSuper will continue to improve and evolve." Chief executive Michael Pennisi said Holzberger's contribution ...

IOOF appoints dealer group chief

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
... completion of a successor fund transfer separating the ANZ P&I business products from OnePath life, towards the end of March next year.

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... jump in bond yields does not make sense. This is because the Fed's September forecasts show GDP growth slowing over the next three years and inflation remaining within its target. So what gives? The surge in long bond yields could be due to the twin ...

Labor Government on the cards: Spot poll

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
There is a good chance that the Labor Party will win the next election, Financial Standard's readership says. We recently asked our readers which of the following events will likely eventuate in the next 12 months: a global trade war; China going into ...

BTFG to boost managed account capability

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... eight different managers. To capitalise on the success, BTFG will launch an additional 30 managed account portfolios over the next six months via its Managed Portfolios and Tailored Portfolio arrangements. Further, just last month it launched an external ...