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Showing 4541 - 4550 of 17956 results for "Bank"

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
... wholesale investors. The Loomis Sayles World Multi-Asset Credit Fund invests in global investment grade and high yield credit, bank and securitised loans, and emerging markets sectors. It replicates the $US2.9 billion strategy that launched in 2013. ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... 2018 (that's done) and forward guidance for another three this year; policy exit speculations from the European Central Bank (ECB) and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary ...

Sole purpose test divides industry

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
A promotional offer to members of a super fund exposed the grey areas of superannuation regulation, as the industry debates whether bonus frequent flyer points schemes breach the sole purpose test. AustralianSuper is currently offering 20,000 Qantas ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... you think is right... In a dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario Draghi. About two months after the ECB ended QE - its â,¬2.6 trillion asset purchase programme on 31 ...

NAB names new chair

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2019
The new chair of National Australia Bank has been named as the hunt for a new chief executive continues. Current NAB director Philip Chronican will replace Ken Henry as chair of the board later in 2019. Chronican is currently serving as interim chief ...

Saxo launches digital access to Chinese bonds

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAR 2019
Australian institutional clients of Saxo Bank have been given digital access to Chinese bonds via its global multi-asset offering. Enabled via mutual bond access program Bond Connect, qualified Australian and global institutional investors can now trade ...

30% Club expands target

HARRISON WORLEY  |  WEDNESDAY, 6 MAR 2019
The 30% Club is expanding its focus to include companies outside the ASX200. After achieving new heights in female board representation across the ASX50 and ASX 100 in 2018, the 30% Club is aiming to increase the number of women on the boards of listed ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

APRA hires former MLC Life executive

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
... also become chief of group and retail partners. Prior to MLC Life, Smith held various managerial roles at NAB, joining the bank in March 2009 as general manager of group relationships before moving to other roles in client delivery and sales for asset ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
What's the time Mr. Wolf? It's the first Tuesday of a new month - it's time for the Reserve Bank of Australia's (RBA) scheduled monthly board meeting. Financial markets expect the RBA to do nothing this month but expectations further ...