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Showing 9031 - 9040 of 21783 results for "Dec"

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
The Fed is on track for another two more of its forward guided three interest rate hikes this year. This is the message from the just-released US CPI report for April. Despite the continued improvement in the US unemployment rate - down to 3.9% in April ...

Perpetual appoints new CEO

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
Financial services giant Perpetual has appointed a new chief executive officer. Rob Adams will join Perpetual from Janus Henderson in September. In an announcement to the ASX this morning Perpetual chairman Tony D'Aloisio highlighted Adams three decades ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Australian Ethical will divest AMP following the governance failures exposed by the Royal Commission. Speaking to Financial Standard, Australian Ethical head of ethics research Stuart Palmer said while AMP passed its ethical screening in 2016, and the ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
Contango Asset Management is reducing the cash allocation in its listed income fund, aiming to have 95% of its net tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) ...

MGP to expand super solutions, director resigns

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
Managed Accounts Holdings is expanding its superannuation capabilities and is on track to acquire an existing Registrable Superannuation Entity. A non-executive director will also step down from the MGP board. The managed accounts and investment administrator ...

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
ANZ has chosen the top executive from its wealth division to serve as the bank's deputy chief executive. It is one of two senior appointments announced yesterday. Both positions became open after ANZ's deputy chief executive Graham Hodges announced ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Kapstream appoints analyst, promotes internally

DARREN SNYDER  |  WEDNESDAY, 9 MAY 2018
Kapstream Capital welcomed a new credit analyst this week and announced internal promotions for three of its investment team members. Joining the Janus Henderson-owned fixed income manager as a credit analyst is Pauline Chrystal. She has nine years' ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
Commonwealth Bank will fork out $25 million to settle its bank bill swap rate rigging scandal, adding to the bank's pile of settlement payouts. CBA will acknowledge it "attempted to engage in unconscionable conduct in breach of the ASIC Act" while trading ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
No one can escape it, even if we try. The media - radio, TV, print, social - is full of it. Reports, assessments, and implications of Australia's Federal Budget 2018-19. There's the usual flood of "Budget winners and losers" and the "what's in it for ...