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Showing 21 - 30 of 1340 results for %22May Board%22

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... below 3%." At the recent ASIC Annual Forum, Bullock lauded the RBA's modus operandi of rapidly hiking interest rates since May 2022, signalling that she will not hesitate to continue to do so if prices continue to elevate. In analysing the RBA's ...

ASFA appoints Mary Delahunty as chief executive

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... Turner assumed the position temporarily in October following the departure of Martin Fahy, who stepped down from the top job in May after seven years. She will continue as the interim chief until Delahunty commences. Delahunty joins from her own consultancy ...

Fidelity International chief exits

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... chief investment officer. London-based Richards currently serves on Women on Boards as an ambassador and is on the advisory board of The Lord Mayor's Appeal. With a background in engineering, she began her career as a research fellow at intergovernmental ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... good progress toward securing outside capital to manage." It said this was put on hold due to the transaction process but may be able to be pursued in 2024. "The PAC board remains committed to maximising value for all shareholders, including the consideration ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... period. Statutory net profit after tax of $182.7 million followed a linear trend, down 52%. Formica conceded that the firm "may well be a target" to other fund managers looking to acquire at a significant discount. "There's significant value and ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... currently in its infancy in Australia." GI wants a similar phase-in approach for smaller entities, which have fewer resources and may be the least prepared for the significant shift in the new reporting requirements. Under the proposal by Treasury smaller ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... asset class teams, with responsibilities delegated to those teams and leading to more direct engagement with managers than may have previously occurred. With that in mind, an interesting finding from the study shows there has been a rise in negative ...

Link shakes up board, names super industry veteran

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... non-executive director. Lennon is a former board member of EISS Super from October 2021 until its merger with Cbus Super in May 2023. He was also a director at First State Super (now Aware Super) for almost a decade and ASSET Super from 1993 to 2010. ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... saving is done at variable rates," Kent said. Of note, the RBA estimates suggest that the 4% hike in the cash rate target since May 2022 is projected to diminish overall household spending by approximately 0.4% - 0.8% annually, attributed primarily to ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... first time, Bullock left the door open for potential rate hikes in the future. "Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe, but that will continue to depend upon the ...

Editor's Choice

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON
The fund manager is looking to significantly boost its local lineup of active ETFs.

Prime Super finds new chief executive

ANDREW MCKEAN
Prime Super has appointed former Zurich chief of business transformation Raeline Seales as its new chief executive.

Performance test needs better metrics, durability

KARREN VERGARA
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard.

Charles River appoints new head of APAC

ELIZA BAVIN
The State Street-owned company will welcome a new head of Asia Pacific.

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