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Showing 6231 - 6240 of 21771 results for "Dec"

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
Zurich's chief distribution officer, life and investments is set to depart, taking on a new role with a boutique fund manager from December. The executive overseeing its group insurance proposition is also set to depart as the insurer restructures ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...

Watermark sheds market neutral fund

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
The Sydney boutique is handing over its $36 million market neutral fund to another manager, as it looks to focus on its long/short strategies. The Watermark Market Neutral Trust, which has been running for eight years, will transition to Dalton Street ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
While COVID-19 may have changed the shape of Australian investing, Schroders alternatives director Claire Smith believes there is plenty of opportunity in the private asset market. Smith, speaking at the Australian Institute of Superannuation Trustees ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
The California Public Employees' Retirement System wants to impose tighter rules that will scrutinise and ultimately dispose the investments chief's personal holdings should conflicts of interest arise. The board of CalPERS is set to introduce ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
Australians need to consider more sustainable income flows as a future investment objective or risk not having adequate retirement savings, according to research from the Centre for Excellence in Population Ageing Research (CEPAR). CEPAR senior research ...

Industry fund reveals new mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 16 SEP 2020
An industry superannuation fund has overhauled its investment strategy, terminating and replacing several managers in the process. Following the recent termination of AMP Capital as investment manager for its Balanced Socially Responsible option, as ...

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
Managed accounts assets continue to grow steadily, having hit nearly $80 billion despite setbacks caused by COVID-19. The Institute of Managed Account Professionals' latest census found asset growth for the sector was stable, reaching $79.71 billion ...