Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 921 - 930 of 4822 results for "Big 4"

Major firms criticised for substandard RI approach

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
The world's most influential asset managers have adopted a substandard approach to responsible investment, according to a new report. ShareAction, a not-for-profit organisation dedicated to making investment a force for good, has ranked the world's ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
The Actuaries Institute has appointed a new president for 2020, with eyes set on giving young actuaries a voice. Hoa Bui, currently also a director at KPMG Actuarial and partner-in-charge of actuarial and financial risk at KPMG Australia, has nabbed ...

Clime launches new SMA portfolios

ALLY SELBY  |  FRIDAY, 6 MAR 2020
Clime Investment Management has launched four new separately managed account portfolios to help diversify self-directed investors' wealth amid skyrocketing volatility. Investors can now access Clime's balanced (35% defensive, 65% growth), growth ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
A member of Westpac's board is preparing to leave the turmoil stricken big bank after less than two years as a director. The bank has confirmed the departure of director Anita Fung from its board. Fung was appointed to the board in the midst of the ...

Women rule ESG, but gap remains

ALLY SELBY  |  THURSDAY, 5 MAR 2020
Responsible investing is the rare field of financial services dominated by women. It's also growing at a rapid rate, but challenges remain. The field has dramatically evolved over the past decade, as ESG roles, once focused on communication and ...

UNSW to ditch fossil fuels

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
The University of New South Wales (UNSW) has announced it will move away from investment in fossil fuels. The University said it will divest from direct ownership and any commingled funds that include public equities and corporate bonds of companies ...

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Northern Trust has rocketed up the asset servicing performance tables, after adding almost 30% to its assets under custody in the second half of 2019. The Australian Custodial Services Association's latest asset servicing industry statistics show Northern ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
The New Zealand government has hardened its stance on climate change, barring fossil fuel producers from default accounts in its voluntary super system. Approximately 690,000 New Zealanders in default KiwiSaver accounts will no longer have exposure ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ...