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Showing 8711 - 8720 of 29084 results for "PRI"

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
Global investment powerhouse Goldman Sachs has overnight announced new reporting structures for its financial results, in a move that will align the bank closer with its Wall Street peers. The changes come just a week short of the bank's fourth-quarter ...

Super fund invests in disability housing

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
A Queensland-based super fund managing more than $12 billion in retirement savings is aiming to improve the lives of locals who need physical support housing. LGIAsuper has invested in The Mews Apartments, a residential development in Woolloongabba ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
What's a central bank to do if after so many years of policy accommodation it still couldn't hit its target? Move the goalpost, of course. The US Federal Reserve has cut interest rates three times (by 75 basis points) last year from 2.5% to ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year. The company's global economic advisor, Joachim Fels, and chief investment officer global fixed income ...

UK pension fund expands offering, climate risk policy

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
A $16 billion UK pension fund modelled on the Australian superannuation system has received authorisation from the Financial Conduct Authority to operate as an Occupational Pension Scheme. It is also intensifying efforts to tackle the risks posed by ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Fears of escalating tensions between the US and Iran have sent gold skyrocketing to an almost seven-year high, with investors turning to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US ...

Iress invests in blockchain

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Financial services software company Iress has acquired a blockchain communication platform to improve accountability and efficiency in data collection and storage. BC Gateways' platform allows for the secure exchange of data and documents for the financial ...

Investment firm adds portfolio manager

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
The head of portfolio integration at a $54 billion superannuation fund has joined a Melbourne-based multi-asset investment manager. Alex Cathcart joined Drummond Capital Partners in December, taking the role of portfolio manager. Drummond Capital Partners ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
JANA Investment Advisers may be forced to hand over key documents as part of Rest's ongoing legal battle with member Mark McVeigh. Final discovery orders were consented to by both Rest and McVeigh in late December last year. Documents created by ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
"From a practical perspective, big, impactful and very novel disasters will, hopefully, lead to stronger action to both mitigate emissions and also plan for impacts..." This was Ketan Joshi's - University of Sydney science graduate and international ...