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Showing 511 - 520 of 14036 results for "Down"

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
... net tariff rate for the US for all its trading partners averaged about 24%. "With the latest announcement, it's come down to about 13% to 14%. But that's still a big impact that's going to be a drag on the US consumer," he said, pointing ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... 2023; he joined in 2019 as chief operating officer. Wright, who co-founded the business with David Smythe in 2002, stepped down as chief executive to make the move possible. He has since served as investment director. The business was acquired by private ...

Hearts & Minds chief exits

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
Hearts & Minds (HM1) chief executive Brett Jollie will step down, having held the role for less than a year. The board said it would restructure the leadership team, transitioning from a full-time chief executive role to a more "streamlined model". ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... adviser David Mario Valvo, who doubled as a comedian, was sentenced to three years imprisonment. Valvo's sentence was handed down in Downing Centre District Court in February, but was suspended upon several conditions including that he would comply with ...

RBA cut expected, but then what?

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... Australia (RBA) is expected to cut interest rates when it meets next week by 25 basis points, bringing the official cash rate down to 3.85%. However, Commonwealth Bank (CBA) head of Australian economics Gareth Aird said he is not expecting any forward ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
A Frontier report, commissioned by the Super Members Council, has argued that current preservation rules provide super funds with the flexibility to invest in unlisted assets, and warned that permanently relaxing these rules will decrease long-term ...

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... over a seven or 10-year period," he said. "We've seen that with value. That's one of the areas we've dialled down because a lot of value managers rely on market conditions to deliver their outperformance. "It's been a pretty horrible ...

GPT Group partners to unlock $1bn in logistics opportunities

MATTHEW WAI  |  FRIDAY, 16 MAY 2025
... deployment of $500 million, focusing on acquisitions of stabilised, core plus opportunities on the east coast. GPT will sell down several balance sheet assets at book value to seed the partnership and will retain a 20% co-investment interest. Net proceeds ...

State insurer names new CIO as government review looms

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... appointment will help consolidate the fund's operational management. "Combining these business units will help break down operational silos and create a clearer line of sight between our strategic priorities and their execution," Townsend said. "Paula's ...

PRI chief executive David Atkin to step down

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Industry veteran David Atkin will step down as chief executive of the Principles for Responsible Investment next year, giving the UN-backed body for institutional investors ample time to find his replacement. Atkin, who joined the PRI in 2021, replaced ...