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Showing 8061 - 8070 of 29079 results for "PRI"

Former UBS Wealth exec joins Centrepoint

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
A former national head of strategy at UBS Wealth Management has joined the c-suite at Centrepoint Alliance. Brendon Glass has been appointed chief financial officer of major financial advice group Centrepoint Alliance, fresh off a set of interim advisory ...

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
The industry-super-owned fund manager's credit team has about $500 million to deploy in the year ahead, eyeing opportunities in lending to mid-sized companies that will be forced to refinance after the COVID-19 crisis. IFM's credit team manages about ...

House prices expected to tumble

ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
HSBC has warned Australian house prices could fall as much as 12% in 2021 as the fallout from the COVID-19 pandemic continues. HSBC analysis showed Sydney house prices could fall by as much as 15% next year, while Melbourne could see a 17% drop. HSBC ...

Count Financial makes growth-focused hire

ALLY SELBY  |  FRIDAY, 22 MAY 2020
Count Financial has hired an experienced practice development manager, whose resume features the likes of Affinia, Commonwealth Bank and AMP, to ramp up its growth strategy. Chris Burton has been appointed as Count's practice development manager, and ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
Although the last two months have been marked by increased volatility and disruption, small caps have largely outperformed. During March, small caps performed broadly in line with their larger counterparts, with the ASX Small Ordinaries Index dropping ...

Fund managers adapt to market pain

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Aussie equities fund managers steadily improved in performance relative to benchmark from January to March, according to an updated SPIVA Australia Scorecard from S&P. In January, only 21.6% of Australian equities (general category) funds beat the benchmarks ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ...

Magellan remains cautious, for now

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Sitting on a significant amount of liquidity, Magellan is waiting for a few dominoes to fall before it pulls the trigger and deploys cash from its global and high conviction funds. Having increased the cash balances across both its high conviction and ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
AMP has launched a new managed portfolio through its MyNorth platform to be managed by Pendal's multi-asset team in partnership with the AMP research team. The new retail offering will have an ESG focus with investments adhering to a responsible and ...