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Showing 761 - 770 of 2375 results for "Majority"

UK insurer fined for annuity sales failings

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... this has caused our customers. We are working hard to put this right and are on schedule to offer redress to the vast majority of affected customers by the end of October this year," Prudential said. The FCA added that the insurer offered incentives ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... and form amendments designed to improve the regulation of ETFs by establishing a clear and consistent framework for the majority of ETFs currently in operation. The adoption of Rule 6c-11 - also known as the ETF Rule - will facilitate greater competition ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't disappoint financial market expectations by cutting the fed funds rate ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
... Of this, $756 billion is held in default products. Retail funds have a 16% share of MySuper's total assets, with the majority in not for profit funds. "[Total superannuation assets] were up 6.2% through the year. MySuper is thus growing twice as fast ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... Minnett chief executive Tim Gunning also declined to comment on the speculation. The rumours come after IOOF divested its majority stake in Ord Minnett in June. It moved to offload its 70% stake in Ord Minnett to a consortium of private investors led ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... poll of 120 economists is any guide, the Fed would only cut interest rates down to 1.5%-1.75%. The poll revealed that majority of the respondents think the Fed will cut rates to 1.75%-2.0% in September and then by another 25 basis points to 1.50%-1.75% ...

What Future Fund looks for in managers

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
... main fund that has $160 billion in assets under management. It has rejigged its investment team in the recent years but majority of its investing at securities-level is outsourced to investment managers. Its total investments in private equity, private ...

Female ASX200 chief executives drop

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
... that 40%-60% would be considered a gender balance. Of the female appointments to executive leadership teams, the vast majority (71%) were appointed to functional roles like human resources, corporate affairs, legal and marketing. Chief Executive Women ...

Eaton Vance hires institutional distribution head

HARRISON WORLEY  |  MONDAY, 9 SEP 2019
... as head of sales within BNP Paribas' local division. Thurgood will report to the local chief of Eaton Vance's majority-owned subsidiary Parametric Portfolio Associates, Chris Briant, who said he was delighted to bring Thurgood aboard. "His [Thurgood's] ...

Industry fund adds to investment team

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... since 2002 and the new appointment will build its ESG capabilities in the main fund. "Like most other funds, the vast majority of our members are in the default option but we are encouraged that a significant portion of our members who choose their investment ...