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Showing 991 - 1000 of 3268 results for "January 29"

Three ETFs axed by Morningstar

KANIKA SOOD  |  TUESDAY, 25 FEB 2020
Dwindling client demand will see Morningstar analysts cease coverage on two BlackRock ETFs and a BetaShares product next month. From March 20, it will no longer publish qualitative research on iShares MSCI Japan (IJP), iShares China Large-Cap (IZZ) ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
The Australian Bureau of Statistics' (ABS) reported that the economy added 13,500 jobs in January - more than market expectations for an increase of 10,000 - with the creation of 46,200 full-time positions more than offsetting the termination of ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
Ashok Jacob has resigned as the chair of the $143 million Ellerston Asian Investments, as another Ellerston LIC looks to delist after being pursued by an activist investor. Ellerston Asian Investments (EAI) will now be chaired by Bill Best, who has ...

Count Financial treads new path

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
Count Financial is preparing for a rough couple of years as it transitions to a new pricing model. That said, the amount of advice being produced by the licensee has more than doubled despite losing 26% of its advisers. In its 1H20 results announcement ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
In providing a technical update, SuperConcepts general manager of technical services Peter Burgess has said many of the reforms set to impact SMSFs proposed last year are still yet to eventuate. Speaking at the 2020 SMSF Association conference, Burgess ...

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
In an update to the SMSF Association conference, the Australian Financial Complaints Authority has revealed complaints about financial advice are minimal. Addressing the conference, Ian Donald and Shail Singh, both ombudsmen at AFCA, said investments ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic. According to the World Health ...

T. Rowe Price shutters local fund

KANIKA SOOD  |  MONDAY, 17 FEB 2020
Great returns and a well-regarded portfolio manager were not enough to save the local version of T. Rowe Price's Asian equities ex Japan fund, which is shutting after outflows. The T. Rowe Price Asia ex-Japan fund is managed by Hong Kong-based Anh ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
With a covid here, and a covid there, everywhere a covid, even old MacDonald (who had a farm) will get sick reading, hearing and listening to stories and warnings over escalating infection numbers... E-I-E-I-O. COVID-19 has captured the world's ...