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Showing 691 - 700 of 1821 results for "EXCEPT"

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...

HSBC wealth lead lands chief executive role

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
HSBC's global chief executive of wealth and personal banking has scored the top job at a major financial services group. Charlie Nunn will become the group chief executive and executive director of Lloyds Banking Group, overseeing brands such as ...

AMP Capital invests in UK port

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
AMP Capital has secured a stake in a UK port operator via its infrastructure debt fund. The firm originated and closed a stake in a junior holdco facility secured against Peel Ports within its AMP Capital Infrastructure Debt Fund IV (IDF IV). Peel Ports ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
The life insurer is at the centre of a campaign against its investment in coal companies despite positioning itself as an organisation with a focus on sustainability. The campaign, called AIA Kick Out Coal! launched by Insure Our Future and SumOfUs ...

EQT wins endowment mandate

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
Equity Trustees has won a mandate to manage half the investment portfolio of an endowment fund that supports vulnerable children and families in Australia. The $18 million OzChild endowment fund is committed to improving the lives of at-risk children ...

SSGA names global investments chief

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
State Street Global Advisors has welcomed a new global chief investment officer who will have oversight of the local business. Lori Heinel has been promoted to the new role after serving as deputy global chief investment officer since 2016 when she ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Challenger's Fidante Partners has signed on a private equity manager focused on food and agribusiness. Fidante will market Minneapolis-headquartered Proterra Investment Partners' Asia Food Strategy to European investors. Proterra has $4.4 billion in ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
A $117 billion superannuation fund is changing the cost of insurance across the board at the turn of the New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... ability to "wear two hats" will be in force. Trustees will be prohibited from acting in the best interests of another person, except when performing its duties and exercising its powers as a trustee or when providing personal advice. Failure to comply ...