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Showing 381 - 390 of 956 results for "PIP"

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
Macquarie Group has increased its short-term guidance as demand rises for gas and power in Texas after severe weather conditions caused the collapse of its local electricity supply. Macquarie expects its annual profit to increase by between 5% and 10% ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

Deutsche Bank appoints local head

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
Deutsche Bank has appointed a returning executive as its head of financial institutions group for Australia. Martin Nosek most recently worked at Nomura as the head of FIG Australia and co-head of FIG Asia Pacific. Prior to this, he spent 14 years at ...

Longstanding Challenger exec in new role

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
Challenger's executive director, real estate investments has taken on a new role with a fund manager. Chris Pak has joined EG as divisional director of business development after over seven years in his previous role and a further seven as general manager ...

Bezos steps down at Amazon

JAMIE WILLIAMSON, ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
Jeff Bezos will step down as chief executive later this year, transitioning to the role of executive chair. Announced in Amazon's full year 2020 results, chief executive of Amazon Web Services (AWS) Andy Jassy will take over as chief executive in Q3 ...

IPO outlook positive for 2021

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
The pipeline is encouraging for initial public offerings on the ASX this year as 14 companies are set to list, according to the latest HLB Mann Judd IPO Watch report. The 14 companies are seeking to raise $172 million, up from $111 million sought compared ...

Gender diversity has a way to go: Research

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
Only 10 publicly listed companies in Australia have made it onto the Bloomberg 2021 Gender-Equality Index (GEI), despite a record number of companies that disclosed data. From financial services, companies that made the index include Commonwealth Bank ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

First Sentier launches infrastructure fund

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally. The First Sentier American Listed Infrastructure Fund (FLIAX) aims to achieve income and capital growth by investing in a diversified portfolio of up to ...

Christian Super recognised for impact investing

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The $1.8 billion fund has been named the impact asset owner of the year at the Australian Impact Investment Awards. The fund has a diverse impact portfolio approaching 10% of total assets, that spans a variety of sectors including sustainability, healthcare ...