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Showing 8591 - 8600 of 29084 results for "PRI"

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
It appears that no one and nothing is immune from the spread of the coronavirus. It's now turned the bull market in crude oil into a bear. Crude oil prices sank by more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

New partner at Koda Capital

KANIKA SOOD  |  MONDAY, 3 FEB 2020
Koda Capital has added a new adviser and partner to its Brisbane offices. James Christopher has worked in senior roles at HSBC, Nomura and Credit Suisse, and recently moved back to Australia from the UK. Koda confirmed the appointment to Industry Moves ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
In another board departure, Sargon subsidiary Tidswell has bid farewell to a board director who chaired the investment committee. Stephen Miller flagged his intention to resign from the trustee board and his committee roles with Sargon in December 2019 ...

Perpetual appoints APAC lead

ALLY SELBY  |  MONDAY, 3 FEB 2020
Perpetual has appointed a new managing director to lead its Asia Pacific operations. Matt Allen has rejoined Perpetual in the newly-created Singapore-based role, and will be responsible for the firm's growth strategy. He will focus on growing the Perpetual ...

Wealth manager makes senior appointment

ALLY SELBY  |  MONDAY, 3 FEB 2020
Embattled wealth manager Evans Dixon has appointed a new chief financial officer and company secretary. Paul Ryan has been promoted to the role, formerly serving as Evan & Partners private capital managing director. In a release, the firm said Ryan ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
ANZ completed its sale of OnePath Pensions & Investments to IOOF for a renegotiated price of $850 million. The final sale price was $850 million, including the $25 million that ANZ received for the sale its aligned dealer groups in 2018. It was a renegotiated ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
New insights from Rice Warner claim product disclosure statements are weak in their ability to actually inform or protect consumers. Last year's report from ASIC on the matter said: "The over-reliance on disclosure in some ways proved an enabler of ...

AMP confirms executive hire

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
James Georgeson has been appointed to the position on a permanent basis, effective 3 February 2020. Georgeson was appointed acting chief financial officer after Moorhead decided not to take on the role from outgoing chief financial officer Gordon Lefevre. ...

Adamantem acquires ASX-listed company

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Adamantem Capital has announced the acquisition of 100% of shares in Legend Corporation by way of a Scheme of Arrangement. The proposed acquisition is Adamantem's second public-to-private transaction and will be the fund's sixth investment in its portfolio ...