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Showing 5621 - 5630 of 19588 results for "RIS"

Willis Towers Watson, Aon to merge

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2020
Following weeks of speculation, the two entities have confirmed a merger will go ahead. Aon and Willis Towers Watson have announced a definitive agreement to merge operations in an all-stock transaction with an implied combined equity value of about ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

Thematic investing grows threefold

ALLY SELBY  |  TUESDAY, 10 MAR 2020
The global thematic funds landscape has increased almost threefold over the past three years, with assets under management swelling to $295 billion (US$195 billion) worldwide. That's according to the latest Morningstar report, which analyses the key ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
InPayTech's superannuation payment solution has picked up new payroll provider clients, as cybercrime continues to threaten the super sector. The payment technology company has confirmed seven new payroll providers have joined the firm's integrated ...

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
The Actuaries Institute has appointed a new president for 2020, with eyes set on giving young actuaries a voice. Hoa Bui, currently also a director at KPMG Actuarial and partner-in-charge of actuarial and financial risk at KPMG Australia, has nabbed ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Services Union has lashed out at ANZ for plans to cut 230 jobs from its private bank and financial advice businesses. The FSU said that in a memo, ANZ told staff that it was committed to helping rebuild trust in the financial advice industry. ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
Coronaphobia - the "irrational fear" of getting infected with the coronavirus. Numerous medical experts have offered calming and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death ...