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Showing 1011 - 1020 of 5505 results for "Mid"

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
ASIC has banned the sale of binary options to retail clients, effective from 3 May 2021. The decision comes after ASIC found that binary options have resulted in significant losses for retail clients. In 2018, ASIC estimated that net losses from retail ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... budget repair, with the deficit likely to be just over $150 billion by June - well below the $197.7 billion projected in the mid-year update." The persistent increase in iron ore prices also provides a positive underpinning to Australia's budget ...

Aberdeen Standard rejigs Aussie equities fund

KANIKA SOOD  |  THURSDAY, 25 MAR 2021
... manages about $1 billion, of which the majority is in its small caps strategy. It also has two other large cap strategies and a mid-cap strategy. The shift to SRI is only for this fund, and is driven by client demand, the firm said.

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
Speaking at the Sydney leg of Financial Standard's Adviser Big Day Out tour, Pengana Capital equity analyst Ryan Fisher said near zero-interest rates is perpetuating the rich getting richer and the poor getting poorer. "The zero-interest rate policy ...

KKR names local real estate head

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
The global investment firm has appointed the former LOGOS Group chief executive as managing director and head of Australia and New Zealand real estate, as it expands its strategy across the Asia region. Tom Lee was chief executive of logistics property ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... advice." The reforms have been in the works for several years now, with legislation first introduced to Parliament in 2017. In mid-2019 the Financial Advisers Act 2008 was repealed, and the Financial Services Legislation Amendment Act was introduced. ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... procedures for their appropriateness and compliance. The final report will have to be delivered to New Zealand Treasury by mid-May this year. "Following the Treasury's Request for Proposal to execute the one-in-five-year statutory review of the GSFA ...

Alphinity portfolio manager resigns

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... Thomas. He joined the firm in 2015 and covered technology, communication services and utilities sectors. Macgregor resigned mid-last week to pursue a start-up opportunity outside of investing, Alphinity said. With his departure, the boutique will hire ...

Bell AM wins mandate

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... partnership. Bell Asset Management will manage UBP's global SMID-cap equity which will invest in liquid global small- and mid-cap fund companies in developed economies. "We are thrilled to build on our partnership with UBP through the launch of this ...