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Showing 951 - 960 of 5533 results for "September 11"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Morphic co-founder joins hedge fund

KANIKA SOOD  |  MONDAY, 22 FEB 2021
A Sydney hedge fund has hired Chad Slater, who co-founded Morphic Asset Management. Slater has joined Drummond Knight, a hedge fund founded last year by Lindsay Taylor, who was a senior investor at Point72. Slater's new role is as a senior investment ...

PIMCO eyes ETFs

KANIKA SOOD  |  MONDAY, 22 FEB 2021
The fixed income giant is getting ready to list its fixed income funds as active ETFs in Australia. PIMCO, which managed over $52 billion in Australian assets at September end, has so far stayed away from ETFs. It did list nine of its strategies in ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The $13 billion industry super fund MTAA Super, which is due to merge with Tasplan and become Spirit Super on 1 April 2021, has flagged that insurance premiums will be increasing for members. MTAA said that the insurance costs for many members will ...

Revolution hires to investment team

KANIKA SOOD  |  WEDNESDAY, 17 FEB 2021
The private debt boutique has added a former Challenger investor as a portfolio manager, and an associate portfolio manager from JANA. Steve Sutinen has joined Revolution Asset Management as a portfolio manager. He spent 21 years at Challenger, including ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
Iress has hired a former AMP corporate development director for a new role that reports to its chief executive Andrew Walsh. Warwick Angus has been appointed Iress's head of corporate development and market infrastructure. Angus's role will include ...