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Showing 1021 - 1030 of 2952 results for "August 5"

Pension fund to buy British Steel

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
The pension fund for the Turkish army emerged as the preferred bidder for the British Steel, four months after it was forced into liquidation. British Steel granted Ataer Holdings A.S. detailed due diligence in mid-August ahead of a full sale. Ataer ...

MLC Wealth hunts new talent

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2019
MLC Wealth is looking to fill four general manager roles to lead its restructured financial advice business. A spokesperson for NAB has confirmed the group is looking to appoint four new general managers; one for Godfrey Pembroke, another for the white ...

LIC announces board changes

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
A listed investment company managed by Investors Mutual announced changes to its board of directors. QV Equities (QVE) added a new member to its board after John McBain, the joint chief executive of Centuria Capital, retires after five years of service. ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Challenger has appointed a non-executive director from MS&AD Insurance Group Holdings as part of its expanded strategic relationship with the Japanese insurer. Masahiko Kobayashi joins the Challenger board as part of the strategic relationship which ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
A boutique fund manager has launched a new income fund that provides an alternative to low-yielding cash and term deposits. Prime Value's Diversified High Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...

SMSF Association patron steps down

KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
The Reverend Tim Costello AO has stepped down as patron of the SMSF Association. Costello assumed the role in August 2017, succeeding former High Court chief justice Sir Anthony Mason. He has resigned for personal reasons. Speaking on behalf of the ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
We're now all too familiar with the heightened volatility in financial markets; the slowdown in global economic growth, led by rising expectations for a US recession (and perhaps, Germany); the trade war - US and China, Japan and South Korea; Brexit ...