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Showing 401 - 410 of 2719 results for "PIC"

Economic recap: Week to October 1

BENJAMIN ONG  |  MONDAY, 4 OCT 2021
The COVID-19 pandemic - and the freezing of nearly all economic activity it brought about -- was godsend to climate change activists. Recall those pictures of those bright, bright, sun-shiny days underscored by a CNN article (published last year) that ...

CBRE Global Investors announces rebrand

ANNABELLE DICKSON  |  THURSDAY, 23 SEP 2021
The US$129 billion global real asset investment firm has changed its name and unified all global sub-brands. CBRE Global Investors is now CBRE Investment Management and includes the rebrand of CBRE Caledon Capital Management, CBRE Clarion Securities ...

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
Remember those Mao Zedong suits? The sartorial fashion that every man, woman and child in China wore (or were required to wear?) during Chinese chairman Mao's "Cultural Revolution" of 1966-1976? Those "uniforms" that comes in grey, navy blue or ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
Australia has bounced back from the economic grips of the pandemic and suffered mildly compared to other countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 ...

VFMC appoints new chief executive

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
The Victorian government's $64 billion fund manager has named a new chief executive, as Lisa Gray retires after six years in the role. The Victorian Funds Management Corporation will be headed by Kate Galvin as the next chief executive from October ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
The Reserve Bank of Australia (RBA) is concerned but not alarmed at the growing cases of Delta variant infections that's wreaking havoc on the lives and livelihood in Australia's two biggest states - New South Wales (NSW) and Victoria (VIC). ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
The Perpetual Equity Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at ...