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Showing 831 - 840 of 3274 results for "April 2018"

Natixis IM appoints chief executive

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
Natixis Investment Managers has appointed a former Generali chief investment officer as its chief executive and leader of asset and wealth management, succeeding Jean Raby. Tim Ryan, who will assume the role on April 12, was at Generali for four years ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

S&P rejigs index as BlackRock ETF grows

KANIKA SOOD  |  THURSDAY, 8 APR 2021
The swelling size of a BlackRock ETF that invests in clean energy stocks has forced S&P to expand the underlying index from 30 stocks to 100. But an Aussie ETF tracking the index doesn't want to change. Index giant S&P's Global Clean Energy Index launched ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
The way it's (not) going for Japan, recent upgrades to its 2021 economic growth made by the OECD and the International Monetary Fund might need to be toned down or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
A UNSW academic says subjecting superannuation funds to "best financial interest duty" instead of just "best interest duty" is not material, but BFID's flow-on effects will be concerning for trustees. University of New South Wales director for centre ...

VGI appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
The Sydney hedge fund has hired a former head of BlackRock's Australian ETF business as its chief executive. Jonathan Howie was appointed to the role by the board of VGI Partners, which is chaired by Robert Luciano. The appointment is effective ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

Ausbil adds to mFund lineup

KANIKA SOOD  |  TUESDAY, 6 APR 2021
Ausbil Investment Management has added three funds to its mFunds offering, taking the total to 12. The manager today added Ausbil Australian SmallCap Fund (ASX: AXW13), Ausbil Global Essential Infrastructure Fund in unhedged (ASX: AXW12) and hedged ...