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US corporate debt mandate signed to Aussie manager

DARREN SNYDER  |  MONDAY, 20 MAR 2017
... Michael Ohlsson as chief executive and Helen Coonan as chair. It is bringing on a new analyst for the Global Income Fund in the next month. Since inception in 2009, the Global Income Fund has achieved a return close to 10% annualised for the year to ...

Link executive announces retirement

EMMA RAPAPORT  |  FRIDAY, 17 MAR 2017
... Gardiner, will assume overall responsibility for the corporate markets business unit, and will work with Geddes over the next six months to ensure a smooth transition. In other company news, Janine Rolfe has been appointed as general counsel to Link ...

Compliance and cybersecurity keeping bankers awake

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
... bankers. But only 11% of banking executives globally expect their financial performance to improve significantly over the next 12 months. EY banking and capital markets leader for Oceania, Tim Dring, said putting the customer at the centre of business ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
... months before. While markets don't expect the RBA to alter interest rate settings this year (but pricing in two rate hikes next year, according to WBC), the growing labour marketslack, along with A$ strength - it has appreciated by 6.0% versus the US$ ...

Ohanessian challenges Praemium board

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2017
... provider required a chief executive with a "different skill-set [that] would better serve the company's leadership needs for the next phase of its growth and development." In a statement, Australian Ethical chief investment officer David Macri affirmed ...

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... to index funds and exchange-traded-funds. Once matured, Spaceship hopes they can invest 15% of member's portfolios in the next billion dollar company before it goes public. Spaceship has announced its fees at 1.8%, slightly trimmer than other new products ...

Former BT executive to head advice group

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2017
... and advisers, we are delighted Annick has accepted the chief executive role and the challenge of taking the group into the next decade of its journey. She's a talented and highly regarded person and will bring new drive to the business," Hartley said. ...

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... positively transformed our financial system, and helped put more money in people's pockets. We welcome his contribution to the next phase of our evolution as we continue to grow Australia's leading retail and SMSF investor peer-to-peer loan marketpla ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
... declining. In the eastern capital cities, a considerable additional supply of apartments is scheduled to come on stream over the next couple of years. Growth in rents is the slowest for two decades. Borrowing for housing by investors has picked up over ...

AFA chief executive steps down

DARREN SNYDER  |  TUESDAY, 7 MAR 2017
... in the near term, as well as supporting Kewin in making a successful transition to the top role. "We are now entering the next phase of implementing the professional standards legislation where our members will get the professional recognition they deserve," ...