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Showing 7661 - 7670 of 21779 results for "Dec"

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

La Trobe Financial expands executive team

KRISTI CHENG  |  WEDNESDAY, 18 SEP 2019
Blackstone portfolio company La Trobe Financial recently expanded its executive team with the appointment of three senior banking veterans. With assets under management of $9 billion, alternative asset manager La Trobe Financial announced the appointment ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Challenger appoints funds management boss

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Challenger has appointed a new chief executive for funds management after Ian Saines announced his intention to retire from the role in June. The job is going to Nick Hamilton, who has led Challenger's multi-boutique business Fidante Partners since ...

First Sentier hires Nikko executive

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
First Sentier Investors, newly rechristened from Colonial First State Global Asset Management, hired from Nikko Asset Management to fill its chief operating officer role. Rob Scott joined the company as its new chief operating officer, starting in June. ...

Allianz Retire+ to research retirement transition

HARRISON WORLEY  |  TUESDAY, 17 SEP 2019
Allianz Retire+ is partnering with Macquarie University in a three-year research project to better understand the impact of holistic advice on retiree happiness. Macquarie University associate professor Joanne Earl will lead the project, and will work ...

Centuria reveals new fund manager

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
Centuria Property Funds has appointed Jesse Curtis as fund manager of Centuria Industrial REIT. Curtis will take over from current fund manager, Ross Lees, who was recently promoted to head of funds management for the wider Centuria real estate platform. ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
CommSec is being coy about rumours Ord Minnett is poised to purchase its advisory unit. The Australian Financial Review reported yesterday that stockbroking firm Ord Minnett is planning to purchase CommSec Advisory. It reported Ord Minnett was asked ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
Declining public trust in the post-Royal Commission world was not enough to dampen executive pay packets, with over half of ASX100 chief executives receiving at least 70% of their maximum entitlement. A report from the Australian Council of Superannuation ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...