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Showing 351 - 360 of 2179 results for "In March"

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... watching over his shoulder, making sure that he adhered to his promises, was asleep on the beat. And when the storm came in March 2020, when the COVID crash hit, these investors got soaked and lost billions." As a result, Allianz Global Investors is ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... affordability and would significantly impact the ability of Australians to have a dignified retirement. In a report published in March 2021, ASFA found that none of the reviews of superannuation have recommended the early release of super for housing ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline is the first month to month inflation rate fall since August 2021. US president Joe Biden said that it was heartening ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... management update, published this week, Magellan reported a further $1.4 billion drop in FUM during the month of April. In March it saw $1.1 billion in net outflows, while about $5 billion was lost in a single fortnight prior to that. In September 2021 ...

BUSSQ board fully stocked again

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... Hutchinson Builders. Their appointments bring the BUSSQ board to eight, including three new directors who were added in March - Geoff Baguley, Paul Hick and Christopher Taylor. Those appointments followed the sudden exit of Paul Bidwell, Sonya Beyers ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... experimentation. According to ANZ bluenotes, the first Australian-bank-issued Australian-dollar stablecoin, A$DC, went live in March. The first payment of A$DC was made through a public, permission-less blockchain transaction that used Fireblock's ...

AvSuper, Commonwealth Super Corporation explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 4 MAY 2022
... between the two may be streamlined, with both using Mercer as administrator and AIA as group insurer. AvSuper appointed AIA in March, switching from Hannover Life RE as it exited the market.

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... low and concerns over rising inflation and likely increases to interest rates are growing. A survey of active investors in March reveals greater optimism for the Australian stock market than in previous months, with their outlook largely in lock step ...

Cbus hires retirement, product governance leads

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... in recent months. Earlier this month, Ciaran McBride was appointed to the new role of head of investment options, and in March the fund marked International Women's Day by appointing its first chief member officer in Marianne Walker. Cbus also recently ...