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24 March 2020 • By Sarah Simpkins • 1 min read

Funds rush to raise sell spreads as liquidity evaporates

A number of fund managers have said that trading of credit has vaporised, with a new report capturing a range of managers recently raising the sell ...

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Global investment manager appoints new Australia CEO

One of the world’s largest investment managers has appointed an industry veteran as CEO of its Australia business.  David Bryant, currently CEO of ...

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Aussie neobank gets massive cash splash

One of Australia’s underdog neobanks has received hundreds of millions in funding from a global banking industry investor. Xinja received $443 ...

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IMF to empty coffers

The IMF is prepared to unleash all of its lending capacity to rescue countries embroiled in a global recession that could be worse than the GFC

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New super measures depend on ATO: industry bodies

Releasing early superannuation as a response to a coronavirus-ravaged economy will rely on how well the Tax Office works with funds, industry bodies ...

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Fed launches ‘QE infinity’

It’s to infinity and beyond as the US Federal Reserve announces unlimited asset purchases to support markets roiled by coronavirus panic and an oil ...

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Financial services giant picks regional wealth head

A financial services multinational has appointed a new Oceania wealth and asset management leader. EY assurance partner Rita Da Silva has taken the ...

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Super fund CEO Graeme Russell to retire

The chief of a $6 billion industry superannuation fund is set to depart it after seven years at the helm. Graeme Russell will be stepping down from ...

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Major bank director to step down

A major bank has indicated one of its directors will retire from its group, bank and life insurer boards. Andrew Harmos will be stepping down from ...

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Fund administrators retract earnings forecasts

Two fund administrators have withdrawn their full-year guidance as the effects of the coronavirus pandemic have cast uncertainty on their operations, ...

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