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Showing 4221 - 4230 of 29065 results for "PRI"

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
Australian financial markets have been bracing for a pause in rate hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions ...

Global alternatives manager lands down under

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
A US$74 billion alternatives asset manager has opened a local office and hired a head of Australia and New Zealand from HSBC. GCM Grosvenor has established an office in Sydney and appointed Andy Lukas to lead the firm's push into the region. The ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
The Australian government has released draft legislation aimed at promoting competition in the clearing and settlement services market. Under the proposed legislation, ASIC will have the authority to create regulations to encourage competition while ...

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
Members are frustrated with their superannuation funds' performance and the drastic pace of consolidation in the industry, a new survey reveals. Roy Morgan's quarterly gauge of member satisfaction found that super funds were graded a 66.6% rating, down ...

Legalsuper appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
Luke Symons will become the super fund's new chief executive on April 11. Symons has been appointed to the role following the departure of Andrew Proebstl. Symons currently runs Responsible Financial Services Group, a business he founded in 2017. ...

Australian investors pivot portfolios

CASSANDRA BALDINI  |  THURSDAY, 23 MAR 2023
More than half of Australian institutional investors say the current environment is like nothing they've ever seen before and are taking action to rethink their strategies in accordance. Nuveen's EQuilibrium Global Institutional Investor Survey reported ...

Family offices ready to take risks

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
The risk appetites of family offices around the world are increasing and they've got their sights set on investment grade fixed income and emerging market equities. That's according to a new study by Ocorian which gleaned insights from 134 family office ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
Kicking off day two of the Conference of Major Superannuation Funds, minister for home affairs and cybersecurity Claire O'Neil shared some harrowing truths about the intensity of cyber threats on Australian super funds. "Two of my biggest responsibilities ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Regulators are prioritising a range of emerging areas of risk across the superannuation industry. Speaking on a panel at the Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner ...

Do your cyber-attack drills: Funds warned

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
A panel of experts at the Conference of Major Superannuation Funds stressed the importance for super funds to be prepared and have a cybersecurity strategy in place. When asked if super funds should have "something in the bottom of the drawer of someone's ...