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Showing 651 - 660 of 2966 results for "America"

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
Perpetual posted a smaller profit in the first half of the financial year,impacted by net outflows and forcing a greater focus on "strategic growth initiatives". The wealth manager recorded a $51.6 million net profit after tax in the first half, a result ...

Analyst views on ESG swing

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... towards ESG in the US remains strong despite a rolling back of environmental regulations at a federal level. In North America, 58% of analysts said ESG was on the rise in 2018, that number dropped slightly to 57% in 2019 but has since shot up to 91%. ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... Washington and Beijing put concrete action into the promised and hoped for de-escalation of trade tensions. On this day, America cut tariffs on US$120 billion worth of Chinese goods from 15% to 7.5%. In return, China's reduced its retaliatory tariffs ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ...

Perpetual awards mandate

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
An American fund manager has scored Perpetual as its first Aussie institutional client with a credit mandate. Perpetual has mandated Thornburg Investment Management which is headquartered in Santa Fe, New Mexico and represented here by Melbourne-based ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
Uh-oh, I may have to put the letters "W" and "R" in front of my last name (Ong) cause that's what my last prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
Challenger and an American fund manager have hired from Macquarie's Sydney offices, as they appoint an Australia head for their joint venture which is readying a credit fund. Ares Australia Management was set up in October last year as a joint venture ...

AustralianSuper, QIC back investment manager

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... that delivers affordable and reliable resource solutions for companies, governments and communities, largely across North America. AustralianSuper was contacted for comment.

Former CBA, MLC executive joins reinsurer

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... Johnston, general manager of the firm's local division, who welcomed the appointment. Gilling joins from Reinsurance Group of America where he was vice president of business development, based in Toronto, Canada. Before relocating Gilling served as acting ...