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Powerwrap CEO leaves for consultant role

ALEX BURKE  |  TUESDAY, 13 DEC 2016
... to Powerwrap's impressive growht over the past four-and-a-half years. We look forward to his continued involvement in this next stage of Powerwrap's evolution." Following Heffernan's move, board member Chris Brant has taken on the role of managing director. ...

Former ASX chief to chair Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 13 DEC 2016
... Scott has done an outstanding job and I am eagerly anticipating our time together as I transition to be chairman of Perpetual next year," D'Aloisio said.

TCorp confirms new custodian

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
... billion in assets under management, J.P. Morgan's appointment is predicted to save $80 million in taxpayer dollars over the next decade. The appointment is also intended to deliver a more cohesive picture of the state's investment positions and best-practice ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... aiding the ECB and the BOJ's efforts at reflating growth and consumer prices and China too. The question now is what happens next? How would the Fed lady forward guide the butcher, the baker and the candlestick-maker as to her intentions at the other ...

SMSFs continue hunt for information

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2016
... sold during the trading day like any share on the Australian Securities Exchange. We expect greater interest in these funds next year as trustees and advisers learn how to use them in a balanced portfolio," Keegan said. "In 2016, trustees have flocked ...

New chair for National Seniors

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2016
... with like-minded organisations. I look forward to working with the board and management to support National Seniors in its next stage of growth and development," Guille said. Guille succeeds David Carvosso who had been in the role since February 2007. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... the same time, the central bank also declared that it would adjust the parameters of its asset purchase programme starting next month to: "First, the maturity range of the public sector purchase programme will be broadened by decreasing the minimum remaining ...

Hedge funds lack confidence in data security

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2016
... - compiling the views of more than 100 hedge fund managers and executives from around the world - also showed that in the next five years, 64% of managers have no intention of increasing investment above what they already pay for cyber security measures. ...

First university climate bond issued

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2016
... raised through the bond to a portfolio of projects that achieve certification from the Climate Bonds Initiative over the next two years. Monash University president and vice-chancellor Professor Margaret Gardner said: "As truly international university ...

Management changes at Charter Hall

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... billion across three core property sectors, the Group will be seeking a CFO to work closely with the executive team to lead the next phase of growth of Charter Hall as it increases market share and further enhances relationships with its customers, capital ...