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Showing 991 - 1000 of 3274 results for "April 20"

BetaShares rejigs oil ETF...again

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again. The BetaShares Crude Oil Index ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
The global private markets fund manager has hired multi-boutique GSFM's head of research and key accounts. Shaun Thomas joined Partners Group last week, as a client relationship manager. He reports to Partners Group's local head of retail Jonathan ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ...

Housing values continue to slide

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
Australian housing values continued to decline for the third consecutive month in July and are set to drop even further when government support winds down, according to the latest research from CoreLogic. CoreLogic's home value index dropped 0.6% last ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
Redpoint Investment Management has wound up its industrials fund but will continue to offer it as the much-bigger model portfolio. The boutique decided to shutter its industrials fund (and equivalent mFund), saying it has not been able to grow the funds ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... the economy or market." Griffin said he had put a significant amount of Munro's cash holding was put to work in early April "We have been around 85-90% invested since April. We based this on what the US Federal Reserve did," Griffin said. There were ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
The difference between Australia and China, my friends, is there are no selfish, stupid "Karens" in China. None that compare to the one in the state of Victoria that has now gone viral, protesting against the mandatory wearing of face masks. Let's ...

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Australian equities staged a recovery from its first quarter slump as a result of the COVID-19 pandemic, according to the latest research from Rainmaker. In its most recent Vantage Point report, Rainmaker data shows Australian equities rebounded to ...