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Showing 7581 - 7590 of 29079 results for "PRI"

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
New global research reveals the COVID-19 pandemic has squeezed years of digital transformation into less than two months, but finds that partnerships, innovation and agility will be key for both advisers and institutions to survive and thrive going ...

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
Maurice Blackburn, the firm acting for AMP sexual harassment victim Julia Szlakowski, has released a summary of the findings of AMP's investigation into the matter - which AMP said it would release but hasn't. Despite announcing to the ASX two weeks ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The perfect storm of government stimulus and a new breed of retail traders with little investing know-how are resuscitating the share market, but for how long? According to Julia Lee, founder and chief investment officer of Burman Invest, numerous factors ...

State Street nabs BNP executives

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
State Street has announced two appointments to its Asia Pacific leadership team as a part of its expansion plan. Mostapha Tahiri has been appointed as head of Asia Pacific and will report to both chief productivity officer and chief executive for State ...

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The companies within the ASX 200 index have endured the worst earnings season in over a decade with statutory profits down and increased expenses, according to CommSec. The online broker's latest biannual earnings season report revealed that of the ...

HESTA partners for global equities

JAMIE WILLIAMSON  |  MONDAY, 31 AUG 2020
HESTA has entered into an international equities partnership with a specialist global manager, expanding on an existing mandate. Martin Currie Investment Management will become the underlying investment manager for a new global equities portfolio for ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

ESG investors overreact to negative news

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
New research from the Monash Centre for Financial Studies reveals ethical investors who overreact to negative environmental, social and governance (ESG) news spur falls in share prices and are better to wait before making trade decisions. The study ...

New chief investment officer at Australian Unity

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
The firm has hired a former Colonial First State Global Asset Management executive as its first standalone chief investment officer for its wealth and capital markets business. Dr Joe Fernandes will move into the role on September 7. He will have the ...