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Showing 7031 - 7040 of 28267 results for "NOT"

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... years. The spokesperson said the retail portfolios are being combined for unification and efficiency purposes and the move does not diminish Zurich's commitment to keeping both brands in the market.

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... Appearing as part of a session on super mergers, PwC partner Catherine Nance has told the AIST virtual conference that it's not unusual for the total cost of a super fund merger to reach 10 basis points, a cost that has a greater impact on smaller ...

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 ...

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 ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
... Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not initially "financially material" but instead will further the company's proposition. Xeppo's technology specialises ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... low of 3.5%. That failed to lift the headline and core PCE price indices - the Fed's inflation target - above 2%, did it not? Even assuming that chairman Powell and his merry FOMC men are on the ball that inflation would hit the 2% target by 2023 ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... State Street has 28 days to pay the penalty to AUSTRAC. The global asset manager said the "integrity of the transactions was not in question". "We take our obligations under Anti-Money Laundering and Counter-Terrorism Financing legislation extremely ...

Industry fund reveals new mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 16 SEP 2020
... worth about $146 million and had been in place since 2016. Meanwhile, Cooper Investors was managing $279 million. It's not known how much the Yarra Capital mandate was for. The three managers have been replaced with AllianceBernstein, though the ...

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 ...

Corporates have a critical role in social, environmental outcomes

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... companies, greater acceptance that social and environmental considerations need to be paramount in their decision making. "Not only are investors demanding more positive action, there is a sense from many companies now that they should deploy their capital ...