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Showing 5421 - 5430 of 21770 results for "Dec"

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
The federal government has released draft legislation outlining the function of ASIC's Financial Services and Credit Panel as the single disciplinary body for financial advisers. The government is proposing the ASIC FSCP exercise the functions of ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
State Street Global Advisors took out first place in R ainmaker's latest rankings of local institutional investment managers by total assets to December end. State Street ended 2020 with $175.3 billion in institutional funds under management sourced ...

Nuveen APAC lead exits

KARREN VERGARA  |  MONDAY, 19 APR 2021
Global fund manager Nuveen Real Estate has shuffled its local executive lineup, which includes bidding farewell to its division head for Australia. After one year of heading the Australia and Asia Pacific real estate business, managing director Nick ...

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
"Come fly with me, let's fly, let's fly away..." -Frank Sinatara It didn't happen overnight, but it's happening... now. The Trans-Tasman bubble is here! After more than a year - I recall watching Qantas' chief executive saying it's ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Netwealth ended March 2021 with $41.8 billion in funds under administration, an increase of 50% over the prior corresponding period. Net inflows in FUA slowed down from $3.2 billion in previous corresponding period to $2.3 billion. Netwealth attributed ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
Women's participation in the workforce has reached a record high of 61.8%, the latest employment statistics show. Citing new Australian Bureau of Statistics unemployment figures, Senator Jane Hume said Australia has achieved the highest female participation ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
Citigroup's quarterly results included news the banking giant is undertaking a strategic overhaul of its global consumer banking division. This will mean Citi is exiting consumer banking entirely in a number of markets including Australia. China, India ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
The Association of Financial Advisers wants to defer the proposed self-reporting of breaches regime amid concerns it will be impossible for small financial advice firms to comply with. The AFA outlined its concerns about Commissioner Kenneth Hayne's ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
Australia is back! Back on track after its economy was cruelly interrupted by the COVID-19 pandemic. This space had been ranting about the virtuous cycle that had been circling around the nation since activity and business and consumer sentiment indicators ...