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Showing 11 - 20 of 3419 results for "REI"

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
Cbus has hired a new chief risk officer from Crown Resorts to replace Wade Martin. Martha Georgiou joins the $90 billion superannuation fund after finishing up as group executive general manager of compliance and regulatory affairs at Crown. Prior to ...

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
Investors addicted to the financial news cycle and social media hype tend to time the market and forego substantial returns compared to staying the course, according to Morningstar. The "hyper-informed" investor is one who incessantly checks stock prices ...

Nuveen chief executive exits amid leadership shakeup

ANDREW MCKEAN  |  FRIDAY, 14 JUN 2024
Nuveen chief executive Jose Minaya has exited the US$1.2 trillion asset management firm, but his successor has already been appointed. Nuveen Asset Management president and head of equities and fixed income William (Bill) Huffman, who's been with the ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
The ASX announced today that the CHESS replacement project has entered the delivery phase. This follows a decision to proceed with a product-based solution developed by global technology firm Tata Consultancy Services. ASX chief information officer ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Annual MAX Awards celebrates best in industry

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
Celebrating 30 years, Financial Standard's Marketing, Advertising and Sales Excellence (MAX) Awards recognised the most influential professionals in the wealth management industry last night. The MAX Awards hosted more than 300 people to honour ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
The Reserve Bank of Australia (RBA) has been accused of using young Australians as "cannon fodder" in the fight against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing ...