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Showing 1011 - 1020 of 4877 results for "FAR"

Revolution hires to investment team

KANIKA SOOD  |  WEDNESDAY, 17 FEB 2021
... since started a dedicate private debt team. Revolution now has $1.2 billion in commitments and has invested $850 million so far.

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... bond yields - up to a one-year high of 1.31% -- serves as a yellow light -- an amber alert -- to the equity markets. But so far, investors appear to be heeding the quote from the 1984 hit movie Starman. "Red light stop, green light go, yellow light go ...

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
... a megaphone on the floor of parliament opposing efficiency reforms. Hume reminded the audience that the super industry is far from perfect and that pockets of underperformance in for-profit and profit-to-member funds exist. Trustees may have complied ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... correlates to an increase in the preference for more premium brand features. Those with household incomes above $150,000 a year are far more likely to exhibit affinity to premium (22.8%) and purposeful (31.9%) brands. Across all income brackets, purposeful ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... in bringing on a new entrant whose contribution to the business may be limited. According to Rainmaker analysis of the ASIC FAR, 3318 advisers departed the industry in 2020. Commenting on the shrinking industry, Profusion Group director Chris Gordon ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... dropped to 6.3% in January 2021 from 6.7% in the previous month and below expectations for it to remain at 6.7%, it's still far above the 3.5% pre-pandemic rate of unemployment registered in February last year. There were 10.1 million jobless Americans ...

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... stood up well to the shock caused by COVID-19," he said. "However, while the financial system has proven to be resilient so far, it is yet to be fully tested: many support measures are temporary and the full impacts of the shock are yet to be felt."

Another glitch for the ASX

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
... reliant on the ASX to trade listed securities. With a fully functioning alternative venue available, we are examining why far more trading did not occur on Chi-X on the day of the outage," ASIC commissioner Cathie Armour said.

Wingate appoints private markets head

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
Wingate has promoted its current Asia Desk head to the role of head of private markets. Adrian Ting will step up to the new position, where he will be responsible for managing a national team of investor services directors responsible for engaging with ...