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Showing 81 - 90 of 1568 results for %22Citi Australia%22

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... the value of the transition is fully achieved." Meanwhile, the fund has signed a new group insurance contract with AIA Australia, saying that it negotiated 10 policy changes to the benefit of members and at no extra cost. Changes to death and TPD cover ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... "The scale is critical for the cost management, efficiencies and to offer our customers an opportunity to move around Australia while always staying within a GQ Multifamily building, offering unique quality, service, hospitality and amenity - akin to ...

Blackwattle Investment Partners debuts

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
... headed by managing director and chief investment officer Michael Skinner, formerly of Renaissance Asset Management, and former Citi sales director Jarred Rubin as chief executive. They are supported by former Pinnacle distribution director Matthew Dell ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... to demographic change, urbanisation and technology within real estate and debt. Nuveen managing director and head of Australia Andrew Kleinig said this is the exciting start of four new partnerships with institutions looking to generate long-term income ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... Prix, and even served three terms as the Deputy Lord Mayor of Adelaide. He was also a valued public speaker, both in Australia and abroad, and author of several books. In 1997, Harrison was tasked with reinventing Zurich's Australian life insurance ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... high-income group have 200 times more in assets compared to the low-income group. This suggests that wealth inequality in Australia is substantially higher than ever as the rich have 230 times more in net assets and earn six times more in disposable ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
... mandate by wealth platform Mason Stevens. As Mason Stevens looks to deliver "premium" wealth management solutions, Citi Australia and New Zealand's head of securities services Mark England expressed excitement about the partnership, which builds ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... integrated Trans-Tasman wood fibre company. It owns and operates sustainable softwood forests and innovative sawmills in Australia and New Zealand. She will start her new job in June. "Wendy has made a tremendous contribution to the Future Fund and leaves ...