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Showing 1 - 10 of 5286 results for "September 2014"

TWC Invest makes risk, technology hires

MATTHEW WAI  |  MONDAY, 17 MAR 2025
TWC Invest has announced the appointments of a chief risk and compliance officer and a chief technology officer. TWC Invest said the appointees will support the firm's "differentiated lifecycle investment approach." Stephen Thompson has taken on ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...

UniSuper waters down 'volatile' environmental option

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
UniSuper is refreshing the investment strategy for its Global Environmental Opportunities (GEO) option, effective March 28. The major change will be lowering the threshold for companies to qualify for inclusion in the strategy. "Due to the concentrated ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
Westpac chief executive of consumer banking Jason Yetton has left the bank, prompting a search for his successor. Yetton led the consumer division since August 2023 after three years leading the bank's specialist business and group strategy. This ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

RQI hires research duo

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
RQI Investors, an active quant equities manager within First Sentier Investors, has strengthened its research team with two hires. Based in Sydney, Tom Marty and Alex Kiechle-Cornish will report to Ron Guido, senior quantitative portfolio manager and ...

Acenda names inaugural chair

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
MLC Life Insurance has announced who will chair the insurer when it becomes Acenda. MLC Life Insurance, soon becoming Acenda through the merger with Resolution Life Australia, has appointed Craig Dunn to the position and will take effect upon the completion ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...
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