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Showing 6931 - 6940 of 29074 results for "PRI"

Former UBS GAM executive joins CBA incubator

KARREN VERGARA  |  THURSDAY, 28 JAN 2021
Commonwealth Bank has hired a former UBS Global Asset Management and Financial Services Council executive to chair its fintech incubator business. Ben Heap was appointed non-executive, independent chair of x15ventures, which helps scale startups by ...

Big year for ESG ahead: MSCI

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
The move towards environmental, social and governance (ESG) considerations dominated MSCI's Investment Insights 2021 survey. Around 200 executives at different asset owners were surveyed by phone late last year, representing sovereign wealth funds ...

EY Australia chief steps down

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
EY's Australia chief executive and Oceania regional managing partner has resigned after over 34 years with the firm. Tony Johnson joined EY in 1987 and was made partner just over a decade later. Following this, Johnson was promoted to managing partner ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
BlackRock will push companies to disclose plans for their transition to a net-zero carbon economy, chief executive Larry Fink stated in his annual letter to company leaders. Fink's annual letter to chief executives sets the engagement agenda for the ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
IFM Investors has made a EUR 5 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. The stake will form part of IFM's Global Infrastructure Fund. Naturgy is based in Spain and listed on the IBEX 35 exchange. Its diversified ...

Stonehorn Global Partners names investor head

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The Schwartz family office-backed firm has appointed a head of investor relations (ex-Australia) and partner as it expands into Europe. Maria Llanes will be based in Switzerland and joins from distribution firm Tiffons Global Partners where she was ...

Platform hires distribution lead

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
A boutique platform has appointed a distribution lead in a newly created role as it ramps up its offering to financial advisers. Andrew Whelan has joined WealthO2 as chief distribution officer. Whelan came from Bravura subsidiary Midwinter where he ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...