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Showing 631 - 640 of 3154 results for "Times"

Government fund names new chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... instrumental to AvSuper's continual expansion of services to our members, and in steering us through the challenging times of the GFC, COVID-19 and the significant regulatory change that has occurred over the past decade." Sykes will commence in ...

T. Rowe Price names new executive

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
... based in Sydney. "Greater demand is being seen by this segment for more selective exposure and risk management amidst these times of accelerated change and unprecedent volatility," Ross said. "Our key focus is to ensure wholesale and family office clients ...

Countdown to FASEA exam deadline

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... FASEA exam since June 2019. "Registering for March will enable candidates the opportunity to sit the exam a further two times if necessary to pass the exam before the end of the transition period on 31 December 2021. FASEA encourages advisers to register," ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... on banking dividends by regulators. Banks accounted for one third of global dividend reductions by value, more than three times as much as oil producers, the second worst-hit sector. Globally, dividend cuts and cancellations reached US$220 billion ($285bn). ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's net tangible assets. Combined, ME Bank and BOQ will have total assets of $88 billion and total deposits of $56 billion. ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... make it easy for these members to access advice around complex topics such as income streams and the Age Pension, which at times is attached with a "pride issue" that deters them from applying for it. "We owe them that right and have to think about how ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... disruption. "Overall, the industry is highly automated, but a small proportion of asset types present challenges in normal times which are amplified through pandemic interruption," he said. J.P. Morgan head of securities services for Australia and New ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of interest on business overdraft accounts substantially higher than what customers were advised. The ...

Citi names client director from within

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... personal banker in 2010. In his new role, Liu will manage Citi's high net worth clients and be a point of contact to navigate times of volatility. Last year, Citi's Australian retail bank's fixed income assets under management grew 30% and overall investment ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... these "euphoria" have taken the US equity market to overvalued levels. The S&P 500's P/E ratio currently stands at 22.5 times earnings which is way past its periodic averages - five-year (17.9 times); 10-year (15.9 times); 15-year (15.2 times); long-term ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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