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Showing 3901 - 3910 of 14212 results for "Interest"

HESTA announces three GM appointments

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... modelling). His hire comes as HESTA set a goal of internalising Aussie equities by 2021 and to be underway in cash and fixed interest in 2022, announced by the fund in March. Cameron reports to HESTA chief risk and compliance officer Andrew Major. "We ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
ASIC has cancelled the AFSL of Olive Financial Markets following concerns that it had not complied with its obligations as an AFS licensee and that it was likely to contravene its obligations in the future. Olive Financial applied to the Australian ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
... because its service aligns so well with consumer trends we see developing globally in terms of Afterpay's customer centric, interest free approach as well as its integrated retail presence and ability to add significant value for its merchant base," ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... attracted a sales manager of Lee's calibre and experience." "We conducted a very thorough search and had a lot of interest in the role," a Pendal spokesperson said. Pendal's March quarter results saw it slip from managing $101.4 billion at December ...

TCorp funding hits $10bn since late March

ALLY SELBY  |  MONDAY, 4 MAY 2020
... pandemic," she said. "Markets are now functioning better and have become far more stable." Both domestic and offshore interest in last week's issuance has allowed TCorp to continue to fund the public sector amid the COVID-19 crisis, Trigona said. ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... that, " US recession a sure thing " because of the inverted US yield curve. The Fed's pause in early 2019 and three interest rate reductions later - in July, September and October - plus the "first phase deal" between the US and China - turned the ...

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
APRA has released the first Early Release Super (ERS) figures, showing $1.3 billion has been paid to members in the first week of the scheme. Under APRA's Early Release Initiative (ERI) data collection, superannuation trustees were asked to submit data ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... from 2010 to October last year. After Sargon Capital had administrators appointed in late January upon defaulting on interest payments on its debt to a Chinese lender, it put eight subsidiaries that hold its operating businesses (such as Diversa Trustees) ...

Fortescue seeks to hide pricing

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... objective market reporting which creates commodity price transparency is an essential service and very much in the public interest." An interim hearing in the UK is set for May 11 this year. S&P Global, headquartered in New York, is further disputing ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... investment management business saw outflows of $81 million, with Mota saying despite its MultiSeries, MultiMix fixed interest and cash management trusts seeing net inflows, it was not enough to offset losses in its other investment products. The addition ...