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Showing 831 - 840 of 2197 results for "In March"

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
... named chief distribution officer at the life insurer. Mulholland departed Sunsuper as part of a leadership restructure in March. During his time at Sunsuper, the fund grew from $25 billion and 1 million members to $66 billion and 1.4 million members. ...

Westpac names business arm chief executive

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
Westpac has named the chief executive of its newly formed business division after announcing a group restructure in March. Guilherme (Guil) Lima joins the Westpac group from HSBC, where he was most recently group head of wealth management for the last ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... below the BOJ's 2% inflation target. The headline CPI inflation nearly doubled to 0.9% in the year to April from 0.5% in March; core inflation (excluding fresh food) inched up to 0.9% from 0.8%; and, core-core inflation (excluding fresh food and ...

University to probe reverse mortgages

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... $2.5 billion in December 2017 even though they have grown steadily since the Great Financial Crisis from $1.3 billion in March 2008. The said borrowers typically entered reverse mortgage arrangements as a result of one or more unforeseen events such ...

Challenger funds management chief resigns

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... executive of Challenger's funds management business announced he will depart later this year. Ian Saines joined Challenger in March 2015 and helped funds under management grow to more than $80 billion for two divisions: Challenger Investment Partners ...

Super startup taps new investors

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
... a partnership with GBST. The fund operates as a sub plan of the Tidswell Master Superannuation Plan and was launched in March 2018 by Olympic medalist and former investment banker Grant Brits. "We are a venture capital firm, so we are typically looking ...

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
... chief executive officer and executive chairman of Ten Network Holdings. He joined Magellan as a non-executive director in March, 2016 and is a member of the audit and risk committee and remuneration and nominations committee. Robert Fraser has been appointed ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... to demerge its wealth management and mortgage broking businesses by end of this year, subject to regulatory approvals. In March, it said it has suspended preparations for the demerger to prioritise Royal Commission recommendations, refunding customers ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... by the Federal Reserves of Cleveland and New York - have gone more negative and by longer compared with its inversion in March this year. So much so that, according to the CME FedWatch Tool, the probability of Fed rate reductions by December this year ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... from the 2.3% rate recorded in October last year and had been below the ECB's target for five months running. Back in March this year, the ECB staff downgraded its GDP growth projections to 1.1% this year and 1.6% in 2020. This compares with the ...