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Showing 5031 - 5040 of 29064 results for "PRI"

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
Federal Reserve chair Jerome Powell flagged that the US Federal Reserve had to raise rates rapidly to mitigate higher inflation, even if that increased recession risks. Speaking at the European Central Bank Forum in Portugal, Powell said: "Our aim is ...

Advisers optimistic for the future: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 29 JUN 2022
Australian financial advisers believe they will grow their business by 5% this year and 11% over the next three years, according to the 2022 Global Survey of Financial Professionals by Natixis Investment Managers. However, while market projections look ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
ASIC is calling on market operators and participants to continue implementing and improving the resilience of the Australian equity market during outages. ASIC released the findings of its review into the ASX outage in November 2020 and other incidents ...

Ken Henry resigns from ASX board

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
The ASX board has announced the departure of non-executive director Ken Henry, appointing Heather Smith in the role. Henry announced his retirement, stating he will not seek re-election when his term expires at the 2022 annual general meeting. He has ...

Andrew Formica to return to Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
Andrew Formica will step down as chief executive of Jupiter Fund Management, the role he took on after leaving Janus Henderson in late 2018. Formica has notified Jupiter's board that he intends to retire as chief executive and a director on its ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Luxury collectables break records

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Millions of dollars of Rolex watches, Louis Vuitton and Hermes handbags, high-end shoes, jewellery, and other opulent items broke records recently at Lloyds Auctions, in one of the biggest luxury designer auctions ever. Over 350 pieces of high-end watches ...

AMP Capital fund manager resigns

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Kit Georgeos has announced her departure from the AMP Capital Wholesale Office Fund, effective later this year. Georgeos joined AMP in 2019 as a fund manager for the unlisted $8 billion wholesale office fund, which owns 12 prime office towers in Sydney ...