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Showing 9941 - 9950 of 29084 results for "PRI"

MLC Life welcomes board member

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
The $500 million outlay to improve systems and technology at MLC Life Insurance is being supported with the appointment of a new board member. MLC Life Insurance recently welcomed Jacqueline Korhonen as an independent non-executive director. She has ...

PSP ramps up Aussie agriculture investment

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
The $166 billion Canadian pension investment manager PSP Investments has acquired a stake in an Australian grain and logistics company BFB. Already a major investor in Australia's agricultural sector, PSP Investments bought out private equity firm ...

AustralianSuper consortium ups bid for Navitas

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
The BGH Consortium, which includes AustralianSuper, has finally unlocked the doors to Navitas after it upped its previously rebuffed bid to acquire the company. The Navitas board yesterday granted exclusive due diligence to the consortium, after it ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
While IOOF remains confident it will be successful in acquiring ANZ's pensions and investments business, Morningstar is not convinced. Despite yesterday's news of amendments to the contract of sale agreed between IOOF and ANZ, the research house said ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity. The (dis)United Kingdom's Prime Minister Theresa May and her proposed Brexit deal lost big time in the House of Commons by a record 230 ...

Aussies want budget help: MoneySoft

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
An Aussie fintech says budgeting and cashflow management are more important to young people than holistic financial advice. Citing findings from ING and Rice Warner's MyGeneration report released late last year, MoneySoft today said budgeting and cashflow ...

8IP signs on Sanlam Private Wealth

KANIKA SOOD  |  TUESDAY, 15 JAN 2019
Eight Investment Partners (8IP) has entered a strategic support agreement with Sanlam Private Wealth to provide middle office services. The agreement builds on their existing relationship. Sanlam Private Wealth previously acquired 40% of 8IP, the latter ...

Aristotle enters Australian market

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
Global investment manager Aristotle is entering the Australian market via a distribution agreement with Plus Capital Management. Third-party marketing business Plus Capital will focus on introducing Aristotle's global equity strategy to Australian ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
About this time last year, financial markets were awash with speculation the Bank of Japan (BOJ) would follow the Fed's lead and start implementing a monetary policy exit strategy. Speculations started to gain prominence as early as January 2018 ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
A retiree body that was set up before the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But ...