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Key finance figures in Biden Cabinet
ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
With only a matter of days until US President-elect Joe Biden takes office, there are a number of notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen ...
First Sentier launches infrastructure fund
KARREN VERGARA  |  FRIDAY, 15 JAN 2021
First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally. The First Sentier American Listed Infrastructure Fund (FLIAX) aims to achieve income and capital growth by investing in a diversified portfolio of up to ...
Chief economist update: Yuan the victim of China's success
BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...
Chief economist update: No pandemic on Wall Street
BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...
Lonsec increases allocation to Talaria
ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... beyond. We're delighted to continue to strengthen our relationship with Lonsec." This year, Talaria hired a former Bank of America executive to help expand its global equities offering. Rhys Cahill joined Talaria on November 16 as general manager of ...
QIC hires investment director
KANIKA SOOD  |  TUESDAY, 15 DEC 2020
The $54 billion fund manager has hired from Cambridge Associates to add an investment director to its global private capital team. Inigo Garcia Gordobil will be based in QIC's San Francisco office and focus on the North American market including ...
New chief executive at Fitzpatricks Group
KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... The Trust Company, which was acquired by Perpetual December 2013, and has held key strategy roles with AMP and Bank of America Merrill Lynch. The firm said her focus will be on growth via partnerships in wealth industry and in attracting more women advisers ...
360 Capital raises bid for Evans Dixon
KANIKA SOOD  |  FRIDAY, 11 DEC 2020
Tony Pitt's 360 Capital is back with a 13% higher offer for Evans and Partners shareholders, after its October 27 bid was rejected. 360 Capital is now offering the remaining shareholders of EPI 69 cents per share, split as 30 cents per EP1 share and ...
Chief economist update: Confidence unlocks Australia's virtuous cycle
BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... turned into political statements, most of us intelligently followed. The proof of the pudding is in the eating. While America presently battles record number of infections and deaths that's taking a toll on their health system, Australia now has ...
LaSalle appoints new APAC chief
ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... executive has been appointed in LaSalle Japan chief executive Keith Fujii. Fujii has previously held roles with Bank of America Merrill Lynch, Grove International Partners and Shinsei Bank. Meanwhile, head of Greater China Claire Tang and head of Japan ...
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