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Showing 5221 - 5230 of 8182 results for "Institutional"

ANZ institutional chief announces departure

ALEX BURKE  |  MONDAY, 25 JAN 2016
ANZ has announced its chief executive of international and institutional banking will leave the company. Andrew GA(C)czy joined the bank in 2013 from Lloyds Banking Group, where he was chief executive, wholesale banking and markets. Prior to that he ...

S&P launches long-term sustainability index

ALEX BURKE  |  MONDAY, 25 JAN 2016
... participants." Unsurprisingly (given the objective of the index), there has been particular interest from large long-term institutional investors and sovereign wealth funds. New Zealand Superannuation Fund chief executive Adrian Orr commented on the ...

Challenger reports early amid share price falls

MARK SMITH  |  MONDAY, 25 JAN 2016
Challenger expects to report first half normalised profit after tax of around $185 million when it releases its results on 16 February. The company said in an announcement to the ASX that the unaudited financial report is still being finalised, but ...

AustralianSuper makes major play for King's Cross

DARREN SNYDER  |  MONDAY, 25 JAN 2016
AustralianSuper has placed a vote of confidence in the UK's King's Cross development, increasing its stake from 25% to 67.5% in less than 12 months. The UK government announced on Friday it had sold its 36.5% portion of the project to Australia's largest ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
New research into lifecycle superannuation funds shows little consistency between approaches and vast gulfs in exposure to equity risk across similar age cohorts. Industry researcher Rainmaker has turned its eye to the product segment as the depth of ...

Super's purpose under further scrutiny

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
The immediate need for a definition of superannuation to be enshrined in federal legislation is becoming clear as more ideas are floated about how to best use the savings pool. Western Australia Senator Chris Back has proposed that super could be used ...

Barclays to axe jobs worldwide, exit Australia

ALEX BURKE  |  FRIDAY, 22 JAN 2016
Barclays is reported to be cutting more than 1000 jobs worldwide ahead of closing Australian offices. In an internal staff memo, Barclays Investment Bank chief executive Thomas King said that while "Asia Pacific is an important part of our global network... ...

United approach to super fund disclosure: AVCAL

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
The Australian Private Equity and Venture Capital Association (AVCAL) is calling for financial services regulators and administrators to coordinate their data on superannuation fund investments as a way of streamlining overlaps in reporting and disclosure ...

Equip to pay super contributions during parental leave

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
Equipsuper is prepared to walk the talk when it comes to helping close Australia's gender savings gap, announcing it will pay superannuation guarantee contributions in to its employees' super accounts during paid and unpaid parental leave. The decision ...

Industry fund backs US toll road

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
A co-investment in a US toll road will become an industry superannuation fund's second largest infrastructure exposure after Port Botany and Port Kembla in New South Wales. Cbus has announced an investment of $140 million in the Indiana Toll Road (ITR) ...