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Showing 21 - 30 of 458 results for "Correction"

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... the subsidiary's board and that he looks forward to working with its other directors "as we focus on the future." Correction: A previous version of this article mistakenly stated that David Dixon was appointed deputy chair of Magellan Financial Group. ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... " He added that the association remains well placed to address the opportunities and challenges in the coming year. Correction: A previous version of this article said State Street's assets under custody had declined. This was incorrect. Financial ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... activities. He pleaded guilty to five charges in November 2021. In May this year, he was sentenced to a three-year intensive correction order, including a 12-month home detention order. During the hearing, ASIC deputy chair Sarah Court said that instead ...

Former adviser sentenced over theft

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... adviser Keith Flowers has been sentenced to three years and two months imprisonment, t o be served by way of intensive correction order, and fined $9500. The matter, prosecuted by the Commonwealth Director of Public Prosecutions after a referral from ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... policy, they do incredibly well, they generate these low to mid to high teen returns and then they enter this self-correction phase where they have to bleed off those imbalances," he explained. "Investors are over-indexed to the last sector's winners ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
A former financial adviser will serve a three-year correctional order, including home detention, for providing fabricated evidence as part of an ASIC investigation. Ezzat-Daniel Nesseim was sentenced to a three-year intensive correctional order after ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Out of more than 700 superannuation products in Australia, 193 received Rainmaker Information's AAA Quality Rating in 2022. The rating reviews Australian super products, to see if they have passed a range of comprehensive benchmarks and best practice ...

Half of retail investors will go the distance

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
Only half of retail amateur investors would stay the course if the market experienced a 20% correction or more, a new survey shows. Out of 3700 traders canvassed in Superhero's latest survey, 53% said they would stick with their investments during market ...

Switch to value could hurt super: Research

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... pales in comparison to the -27% for Australian equities and -13% in international equities seen in the COVID-induced correction of early 2020. However, this time was different because of how large the spread in returns between value stocks and growth ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... fears of a Russia-Ukraine war consume global markets" - Fortune.com (22 February 2022) "The Dow Falls Just Short of a Correction. Could the Russia Effect Be Tightening Its Grip?" - Barrons.com (23 February 2022) "Equities tumble and US dollar rises as ...