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Showing 5261 - 5270 of 17956 results for "Bank"

Funds SA fills two senior investment roles

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... investment manager at LOGOS property. He has also worked with Colonial First State Global Asset Management (CFSGAM), Deutsche Bank, ABN Amro and Lend Lease. Funds SA also announced that portfolio manager Simon James left the firm in March 2018. Equities ...

ANU to recalibrate divestment policy

ALEX DUNNIN  |  FRIDAY, 27 APR 2018
Australian National University's long-term investment pool, after mixed performance outcomes from its socially responsible investment strategy, is looking to recalibrate with a series of global mandate appointments. The now $1.3 billion investment pool ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
The European Central Bank's (ECB) 26 April Governing Council meeting produced unchanged monetary policy settings yet again, marking the 26th month of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% ...

Mainstream adds former Commonwealth Bank GM to board

HARRISON WORLEY  |  THURSDAY, 26 APR 2018
A former Commonwealth Bank general manager has joined the board of a $133 billion fund administrator. Mainstream Group Holdings appointed JoAnna Fisher to its board as an independent non-executive director, adding Fisher's 20 years of senior management ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
... Australia," she said. "It won't just be Australia. It is on the public record that Hong Kong, Singapore and the Irish Central Bank are interested in the space. You shouldn't only be able to access active fund managers through platforms or your financial ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
The Royal Commission heard how Fair Work commissioner Donna McKenna received inappropriate financial advice from Sam Henderson, chief executive and senior financial adviser at Henderson Maxwell. McKenna sought financial advice from Henderson in late- ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... the RBA's (February 2018) forecast of 1.75% by the end of the June quarter this year, it still falls short of the central bank's target. But what really is the Reserve Bank of Australia's target? We know the RBA's target range: 2%-3.0% inflation rate. ...

Future Fund continues progress yet challenges lay ahead

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
Australia's sovereign wealth fund has continued to exceed benchmark return targets, with the fund now standing at $141 billion. Chair of the Future Fund Board of Guardians, Peter Costello, was pleased with performance of the fund, but mentioned that ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
IOOF gave shareholders an update on its ANZ Wealth acquisition in light of the banking Royal Commission. ANZ announced in September 2017 it will divest OnePath's pension and investments and four aligned dealer groups to IOOF for $975 million. IOOF's ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... which is $396 million of treasury shares adjustment), while the balance comprises future separation transaction costs. The bank offloaded OnePath pensions and investments and aligned dealer groups to IOOF, and the life insurance arm to Zurich in October ...