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Showing 351 - 360 of 1381 results for "franc"

World leaders back impact investing

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUL 2019
A gathering of G7 ministers responsible for development cooperation has issued a strong statement in support of impact investing. This comes after world leaders at the G20 summit in Osaka also spoke about the potential benefits of impact investing. ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... this year, The Economist published its 'Big Mac' index. It showed that apart from the overvaluation of the Swiss franc (18.7%), Norwegian krone (5.0%) and Swedish krona (4.6%), currencies in the rest of the world are undervalued relative to the ...

PM Capital head of distribution departs

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... new role, he will work alongside his old BTIM colleagues, Eben Bowditch who is now the head of sales at Invesco and Martin Franc who is the chief executive. Invesco has raised about $9 billion in funds under management in Australia across its global ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Yellow Brick Road is restructuring its wealth business that will result in job cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
AMP's wealth management arm saw net outflows of $1.8 billion last quarter. Announced as part of its annual general meeting today, the embattled wealth manager revealed outflows from its Australian wealth business tipped $1.8 billion in the first ...

Tribeca partners for new fund, hires lead

KANIKA SOOD  |  MONDAY, 29 APR 2019
The Sydney boutique has partnered with an advisory firm to launch a new fund that will invest in Asian credit. The Tribeca Vanda Asian Credit Fund will be managed by John Stover who joins from global multi-strategy hedge fund Farallon Capital. The fund ...

State Street appoints international chief executive

KANIKA SOOD  |  MONDAY, 15 APR 2019
State Street has hired Citigroup's Asia chief executive as the new chief executive of its international business. Francisco Aristeguieta will be responsible for the company's business outside of US including strategy, client engagement, talent, growth ...

NZ Super dumps guns

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
Hot on the heels of the passage of new gun laws in New Zealand, the NZ Super Fund has divested all companies involved in the manufacturing of automatic and semi-automatic weapons. The fund confirmed companies involved in the manufacture of civilian ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
AMP has announced five new appointments to its wealth management leadership team. Dedicated to providing better experiences and outcomes for clients, AMP has built out the executive team charged with overseeing its troubled wealth management business. ...