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Showing 9661 - 9670 of 21783 results for "Dec"

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
Shareholders attempting to take the Commonwealth Bank to the Federal Court for historically failing to disclose climate change risks in its annual reports have withdrawn the claim. Legal correspondence between social justice group Environmental Justice ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
They were just hours apart but the US Federal Reserve and the Bank of Japan's monetary policy decisions were as wide as their geographic locations, perhaps wider. While both central banks kept existing policies unchanged at their September meetings ...

ASX healthcare firm denies disclosure breach

ALEX BURKE  |  THURSDAY, 21 SEP 2017
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, has complied with an ASIC infringement notice because it has "more important business priorities at this time." ...

Multi-asset strategy enters Aussie retail market

DARREN SNYDER  |  THURSDAY, 21 SEP 2017
The "institutionalisation" of financial advice dealer groups has attracted a London-based asset manager to open its multi-asset absolute return fund to Australian retail investors. Already established in Australia and managing about $2.5 billion for ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
Well that was a bit of an anti-climax, wasn't it? The much-awaited US Federal Reserve's 19-20 September FOMC meeting produced little, if any, surprises. Interest rates were kept on hold this month but will be lifted by another 25 basis points to 1.5% ...

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Commonwealth Bank announced its asset management arm, Colonial First State Global Asset Management, is undergoing a strategic review and could potentially list as a public company. CFSGAM, with $219 billion in assets under management, has "achieved ...

Labor rejects ASIC chair nominee

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
Shadow Treasurer Chris Bowen slammed the Turnbull Government's decision to proceed with its nomination for ASIC's next chair. Bowen said Labor "makes it very clear" it will not support the appointment of Credit Suisse chair and former CBA general counsel ...

Global $11bn manager acquires US firm

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
A global manager with over $11 billion in assets under advisory and management, which operates in Australia via BNP Paribas Asset Management, has acquired a US firm for US$52.5 million. Impax Asset Management entered into an agreement to acquire 100% ...

Investec to take on Aussie ABL sector

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2017
The Investec Group will enter the local asset-based lending (ABL) market, complementing its products already offered in Australia. Investec Australia's Corporate and Acquisition Finance (CAF) division will focus on sponsored and non-sponsored event ...

Former Attorney General appointed to Dexus board

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
A former Australian Attorney General was appointed to the board of Dexus Funds Management following Elizabeth Alexander's decision to not stand for re-election as an independent director. Nicola Roxon, who held the position of Federal Attorney General ...