08/27/2020
In-scope entities are subject to a mandatory exchange of initial margin (IM) with their counterparties for their bilateral OTC agreements over the USD 50 million IM threshold per counterpart.
08/27/2020
The move follows a decision made earlier this year to focus the company’s international business on its core individual investor client segment.
08/26/2020
Conscious was started by former Goldman Sachs investor Matthew Tominc late last year, with Channel Capital as its distribution partner.
08/26/2020
The centre will be transformed into a 120,000 square metre logistics asset, and the entire site will be named LOGOS Broadmeadows Logistics Estate. Sydney-based LOGOS will be the project manager and developer.
08/26/2020
GLP, which entered Japan in 2002, now manages $19 billion of total assets in six Japanese real estate investment trusts and property funds, including the new fund.
08/26/2020
An interest rate for the cash accounts of 0.25% per annum will be paid to wrap clients after the 0.44% investment fee and the new 0.29% administration fee have been deducted.
08/26/2020
Samsung Asset Management, Samsung Group’s wealth management unit, marked its net profit increase 33 percent on-year to post 18.3 billion won in the second quarter, up nearly 4 billion won from the last quarter.
08/26/2020
The fund focuses on companies that will grow due to the trends of urbanisation, income growth and technological advances.
08/26/2020
This system will enable any Pensioner to obtain an instant print-out of the latest copy of their PPO, from their Digi Locker account.
08/25/2020
Sydney-based Robert Harrison and Steven Larkin co-founded and recently launched 3PD.
08/25/2020
Citadel first established its Asia presence via the Hong Kong office opened in 2005. As of July this year, the hedge fund has $34 billion of assets under management globally, according to its website.
08/25/2020
The insurers have also been diversifying overseas to reduce their reliance on the domestic market since 2008, focusing on countries like Australia and the US which have growing populations.
08/24/2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate.
08/24/2020
VanEck is set to launch four new ETFs, capitalising on innovation in healthcare and major worldwide trends such as eSports.
08/23/2020
BlackRock chief executive officer Larry Fink said China remains one of the firm’s top regions for growth despite uncertainties brought on by tensions with the US and the virus.
08/23/2020
The growth of Singapore as an offshore RMB centre comes at a time of ongoing exchanges between senior Singapore and Chinese officials
08/21/2020
“desire to build a bigger buffer amid India’s deteriorating fiscal position to safeguard against a further downgrade in the sovereign rating.”
08/21/2020
Suncorp has been battered by extreme weather events
08/21/2020
The majority of these first-time investors were under the age of 40 (70%), up 19% from the previous year.
08/21/2020
The company has a distribution channel that includes over 30 banks, six insurance companies and 12 securities brokers.