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Showing 5171 - 5180 of 29067 results for "PRI"

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

AWOF unitholders to vote on trustee

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
AMP has confirmed it has received a letter from shareholders requesting AMP Capital be removed as trustee of its Wholesale Office Fund. In a statement to the ASX this morning, AMP said certain unitholders have requested a meeting to vote on a change ...

Partners Wealth appoints private wealth lead

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
Partners Wealth Group has hired a new head of Partners Private, hiring a former AMP Capital and Hume Partners senior portfolio manager. Andrew Lally has joined in the role, bringing within him about 25 years' experience across funds management and family ...

Chalmers sworn in as treasurer

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
Australia's new treasurer has been sworn in this morning following Labor's victory in the federal election. The weekend's result also sees the departure of Jane Hume as minister for financial services, superannuation, and the digital economy. Treasury ...

BUSSQ appoints new chair

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
The industry super fund will have a new chair from July 1. After four years at the head of the board, Paula Masters will step down as chair of BUSSQ mid-year. She is set to be replaced by Christopher Taylor who joined as a employer director in February. ...

State Street plans local ETF portal launch

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
Following its launch in Singapore this week, State Street plans to roll out its Fund Connect ETF portal in Australia. The Fund Connect ETF portal is part of State Street Digital and provides access to more than 960 ETFs. It was made available in Singapore ...

No place for crypto in insto portfolios: PGIM

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
PGIM has made clear its thoughts on cryptocurrency, labelling it 'portfolio kryptonite' and saying it adds little to institutional investment portfolios other than a whole lot of risk. In its latest Megatrends paper, investment professionals from across ...

Beware super home buyer collateral damage: ISA

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
The Coalition's super home buyer proposal could leave thousands worse off, even if they don't access the scheme, Industry Super Australia (ISA) has said. ISA said that under the super home buyer scheme, funds would be forced to carry more cash. As cash ...

How AMP plans to bounce back

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
AMP's chair has explained how the group intends to improve its financial performance, while Alexis George outlined how the 173-year-old company will be transformed, with a strong focus on the retirement space. Kicking off the company's annual ...

T. Rowe Price names new head of ESG enablement

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
T. Rowe Price has named Poppy Allonby as its new investment and ESG leader, hiring BlackRock's former head of global product for Asia Pacific. Allonby will join the firm on June 6 and brings with her 20 years of asset management industry experience. ...