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Showing 6831 - 6840 of 20555 results for "BEN"

Lazard chief executive steps down

ALEX BURKE  |  FRIDAY, 2 FEB 2018
The chief executive of Lazard Asset Management's Australian business will step down from his role on February 28. Rob Prugue announced his intention to retire from the asset management business, saying: "Retirement is bittersweet. I am appreciative ...

Grant Thornton adds financial services partner

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
Grant Thornton Australia is welcoming a new partner in an effort to bolster its financial services footprint. Sydney-based tax expert Himashini Weeraratne will continue to build the firm's asset management, superannuation and fintech service offerings. ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
Wells Fargo has become the third major US bank to take action on gender and ethnicity pay gaps. Responding to shareholder pressure the bank released the findings of its most recent pay equity study. It showed women working for Wells Fargo in the US ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
... primarily to global factors, including developments in foreign exchange markets". Draghi still has to fight the currency war. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

Responsible investment here to stay: Experts

DARREN SNYDER  |  THURSDAY, 1 FEB 2018
One of Morgan Stanley's head researchers is challenging the myth that sustainable, ethical or responsible investing ultimately leaves investors short-changed. Morgan Stanley head of wealth management research Nathan Lim said when you compare the average ...

Older Aussies failing to account for longevity risk

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
Only half of Australia's over-50s have made financial plans in anticipation of living longer, according to National Seniors Australia. A new report shows while 85% of over-50s surveyed are aware their life expectancy at age 65 has increased by about ...

Consistent growth fuels Future Fund cyber fears

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
The constant risk of a cyberattack on the Future Fund's investment portfolio is among its top concerns. Future Fund chairman Peter Costello said in a portfolio update this morning that the sovereign wealth fund considers cybersecurity risk to be a major ...

Zurich Investments awards small caps mandate

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
A Sydney boutique fund manager won a small caps mandate from Zurich Investments. Sigma Funds Management was selected to manage the Zurich Investments Small Companies Fund. The fund, which invests solely in Australian small companies outside the S&P/ASX100 ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... Australian dollar's higher exchange rate. Looks like it'll be "plus c'est la meme chose" for the RBA for a little longer. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

Changing nature of advice to benefit institutions

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
The era of new business models and increasing education debt will see new financial planners begin their careers in salaried positions and place existing advisers' exit strategies at risk. That is the view of Connect Financial Service Brokers chief ...