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Showing 8531 - 8540 of 29084 results for "PRI"

TCorp issues first Euro bond

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
New South Wales' public sector investment management partner made its first offshore issuance in Euros. TCorp issued a 30-year EUR60 million fixed rate note earlier this week, priced at 0.609% and due on 24 February 2050. TCorp head of funding and balance ...

Natixis hires insto sales director, opens Melbourne office

ALLY SELBY  |  TUESDAY, 18 FEB 2020
The global multi-asset fund manager has appointed a new director of institutional sales. At the same time, it has established its second Australian office. Natixis Investment Managers has appointment former Stone Harbor relationship manager, Danny King ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

Future Fund property head departs

KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
A 73-year-old man from Nowra in New South Wales is facing two years imprisonment for giving false or misleading information to ASIC about shareholding. John Lindsay Merity was sentenced to a term of two years imprisonment, with a minimum of one year ...

T. Rowe Price shutters local fund

KANIKA SOOD  |  MONDAY, 17 FEB 2020
Great returns and a well-regarded portfolio manager were not enough to save the local version of T. Rowe Price's Asian equities ex Japan fund, which is shutting after outflows. The T. Rowe Price Asia ex-Japan fund is managed by Hong Kong-based Anh ...

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
Premiums for retail income protection policies with insurer AIA have climbed substantially over the last two years. One AIA Priority Protection policy sighted by Financial Standard had a 27% increase from 2018 to 2019 and then a 32% increase from 2019 ...