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Financial Standard appoints deputy editor

ALEX BURKE  |  THURSDAY, 28 JAN 2016
Financial Standard appoints Whitney Fitzsimmons, former host of ABC's Business Today and Lateline Business, as deputy editor. Fitzsimmons is one of the nation's most recognisable TV personalities, having spent over a decade at the ABC where for eight ...

Impact investments the next wave for RI

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
... most carbon-intensive industries will accelerate in 2016. "So far, more than 500 institutions have divested representing close to US$3.4 trillion," the AXA IM report said. "Coal divestment as a strategy to combat climate change is sometimes criticised ...

Chi-X Australia being acquired by private equity firm

ALEX BURKE  |  MONDAY, 25 JAN 2016
... agreement to acquire Chi-X Australia. The investor will also acquire Chi-X Japan and Chi-Tech Hong Kong. The acquisition will close in the first quarter of 2016, pending regulatory approval. Financial terms were not disclosed. "We are pleased to announce ...

Calastone hires senior Macquarie executive

MARK SMITH  |  MONDAY, 25 JAN 2016
Global fund transaction network Calastone has appointed a director of business development for Australia and New Zealand. Former Macquarie Bank executive Tony Nejasmic will work closely with platforms and fund managers who are increasingly adopting ...

AustralianSuper makes major play for King's Cross

DARREN SNYDER  |  MONDAY, 25 JAN 2016
... space including 10 new parks and squares, 20 new streets and three new bridges across the Regent's Canal. It will also have close to 2000 homes. Its occupiers include Google, the Aga Khan Development Network, and University of the Arts London as well ...

Doom(ed) rebound?

BENJAMIN ONG  |  MONDAY, 25 JAN 2016
... policy stance at our next meeting in early March in order to secure a return of inflation rates towards levels below, but close to, 2%" and that, "we have the power, the willingness and the determination to act". The BOJ might not be too far behind. ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
New research into lifecycle superannuation funds shows little consistency between approaches and vast gulfs in exposure to equity risk across similar age cohorts. Industry researcher Rainmaker has turned its eye to the product segment as the depth of ...

Barclays to axe jobs worldwide, exit Australia

ALEX BURKE  |  FRIDAY, 22 JAN 2016
... the very best for the future," King added. Barclays confirmed these changes in a public statement, saying that "We will close offices in nine countries across Asia, the Americas and EMEA. "In Asia, we will continue to provide expertise and resources ...

It's "whatever it takes" time again

BENJAMIN ONG  |  FRIDAY, 22 JAN 2016
... policy stance at our next meeting in early March in order to secure a return of inflation rates towards levels below, but close to, 2%" In his Q&A, ECB President Mario Draghi even stressed that, "we have the power, the willingness and the determination ...

United approach to super fund disclosure: AVCAL

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
The Australian Private Equity and Venture Capital Association (AVCAL) is calling for financial services regulators and administrators to coordinate their data on superannuation fund investments as a way of streamlining overlaps in reporting and disclosure ...