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Showing 601 - 610 of 2949 results for "August 5"

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
... Latest PMI data show that China's manufacturing and services sectors dropped below the expansion/contraction mark in August - manufacturing PMI down to 49.2 in August from 50.3 in the previous month; services PMI down to 46.7 points from 55.0 in ...

icare board appoints Willment

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
Mercer Australia chief investment officer Kylie Willment has joined the board of workplace insurer, icare. Willment is a new non-executive director, joining alongside Viriginia Malley who is currently deputy chair of the NSW Biodiversity Conservation ...

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The European private equity firm has abandoned its plans to acquire Iress with both parties unable to agree to a transaction. Last week Iress granted EQT a further 10 days to complete its due diligence after an initial 30-day access on August 11. EQT's ...

Totus hires from Winton

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
The Sydney equities boutique has appointed a head of distribution and marketing, hiring from Winton. Lisa Pearce will be responsible for driving Totus's business development and marketing activities, including managing and developing client relationships ...

EQT gets 10 more days of due diligence at Iress

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
Iress shareholders will have to wait a little longer, as its board grants EQT another 10 days to complete its due diligence. The European private equity firm was granted 30-day access to Iress's books on August 11, at its third bid. EQT's third offer ...

MSCI reclassifies Pakistan to frontier market

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The index provider will reclassify Pakistan from emerging to frontier, on the back of size and liquidity. MSCI will implement the change in a single step in November, alongside its semi-annual index review (SAIR). "Although the Pakistani equity market ...

Fund manager names new chief executive

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
Investors Mutual Limited welcomed a new chief executive who recently finished up at a global fund manager. In the newly created role of chief executive, Damon Hambly took the reins on August 1. He reports to the board of IML and is also a member of ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Two days after shelving a planned merger, NGS Super informed members of plans to increase fees on some investment options from October. A spokesperson for the fund said the fee increases "has no connection" to its scrapped merger with Australian Catholic ...