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Showing 5071 - 5080 of 22133 results for "Tim"

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
We really do see what we want to see and hear what we want to hear... and rationalise accordingly. How else does one explain the US equity market's opposing reaction to the two most important indicators the Fed watches in determining its next policy ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
AMP Capital has announced a new chief executive, replacing Boe Pahari who stepped down in August last year. Shawn Johnson has landed the top job. He was previously senior managing director and chairman of the investment committee of State Street Global ...

FinClear to acquire BNY subsidiary

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
BNY Mellon is offloading its local execution and settlements business to FinClear for an undisclosed amount. FinClear is set to takeover Pershing Securities Australia in a bid to scale and enhance Holder Identification Number (HIN)-based platform services. ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

New chief operating officer at Zurich

KARREN VERGARA  |  WEDNESDAY, 9 JUN 2021
Zurich Financial Services welcomed a new operations chief overseeing life and investments, replacing industry veteran Gavin Pearce who has joined a global reinsurer. Effective this month, Hilary Bates became Zurich's chief operating officer of life ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
Audits of defunct stockbroker Halifax have resulted in the first criminal charges ever laid in Australia for failure to comply with auditing standards. EC Audit and its director Robert Evett have been charged with breaches of auditing standards and ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
Despite the spate of superannuation funds increasing the cost of cover, new Rainmaker analysis shows group insurance premiums fell by 7% to a four-year low of $8.7 billion. The research, conducted over 10 years, also revealed that not-for-profit (NFP) ...

PRI chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
The chief executive for the United Nations Principles for Responsible Investment has stepped down after being in the role for almost a decade. Fiona Reynolds has been chief executive of the PRI since 2013. She joined the responsible investing group ...

HESTA awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
One of Australia's largest super funds, $60 billion industry fund HESTA, has selected a software-as-a-service platform to manage its finance operations. TechnologyOne was selected by the fund to streamline financial reporting, with the aim of allowing ...