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Showing 491 - 500 of 1786 results for "strength."

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
The financial services industry continues to be the largest contributor to economic growth and pays employees above-average wages, according to a new report. Data compiled by the Financial Services Council in its 2019 State of the Industry report shows ...

CFS hires executive manager of insurance

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Colonial First State has recruited an executive manager of insurance from AIA Australia. Baneesha Narang joins CFS after working as a technical manager of group insurance at AIA Australia for over eight years. Prior to that, she was an assistant product ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
UBS has appointed new co-country heads for Australasia, as Matthew Grounds announces his plans to retire from the firm. Grounds will retire at the end of the year after 11 years as UBS Australasia's country head and chief executive. "Matthew has been ...

Linda Elkins to depart Colonial First State

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Colonial First State executive general manager Linda Elkins has resigned to replace Paul Howes at KPMG. Elkins has been appointed KPMG's national sector leader - asset and wealth management. She will join the firm effective August 5, taking over ...

Super fund appoints investment lead

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
A former NAB Asset Management executive was appointed chief investment officer of a $250 million superannuation fund. Jason Hazell has joined Crescent Wealth as its new chief investment officer, bringing with him more than 20 years' experience in super ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

Fidelity launches new rating system

ELIZABETH MCARTHUR  |  THURSDAY, 20 JUN 2019
The US$412 billion fund manager Fidelity today launched a new proprietary system for rating companies, leveraging the firm's extensive research capabilities. Fidelity's proprietary sustainability ratings have been fully integrated into Fidelity's investment ...

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
A former Sunsuper and MLC executive will now lead MetLife's distribution capabilities. Former Sunsuper executive general manager, growth, advice and marketing Michael Mulholland has been named chief distribution officer at the life insurer. Mulholland ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
A global investment manager has extended its custody and funds administration relationship with J.P. Morgan with a new mandate. Neuberger Berman used J.P. Morgan as custodian when it launched its $413 million high-yield fixed income listed investment ...

Challenger funds management chief resigns

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
The chief executive of Challenger's funds management business announced he will depart later this year. Ian Saines joined Challenger in March 2015 and helped funds under management grow to more than $80 billion for two divisions: Challenger Investment ...