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Showing 1031 - 1040 of 5852 results for "Short"

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR | THURSDAY, 7 APR 2022

Magellan experienced $1.1 billion in net outflows from March 11 to March 31. The outflows were made up of $500 million in retail outflows and $600 million in institutional outflows. The fund manager also announced to the ASX that it has received notification ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN | TUESDAY, 5 APR 2022

ASIC has started civil penalty proceedings in the Federal Court against Macquarie Bank Ltd over alleged failures to monitor third party withdrawals from customer accounts. The corporate watchdog said that limited monitoring by Macquarie of transactions ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR | MONDAY, 4 APR 2022

Colonial First State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper ...

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR | MONDAY, 4 APR 2022

Grattan Institute chief executive Danielle Wood has argued the federal government is spending as though there is a recession or a crisis, although there is no such situation. Speaking at the Financial Standard Chief Economist Forum in Sydney today ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON | WEDNESDAY, 30 MAR 2022

... with confidence". However, the women of Australia may disagree. Aware Super chief executive Deanne Stewart said the Budget short-changed women, saying paying the Super Guarantee on top of paid parental leave and adjusting the Low-Income Superannuation ...

BT adds to platform business leadership

JAMIE WILLIAMSON | TUESDAY, 29 MAR 2022

BT has appointed Insignia Financial's head of wrap platforms to the newly created role. Kathryn Cosentino will take on the role of head of product management in BT's platforms business from May 4. While it's a newly created role, she replaces ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR | MONDAY, 28 MAR 2022

Chartered Accountants Australia and New Zealand (CA ANZ) has outlined 10 proposals put to the Treasurer in the lead up to the Federal Budget. First, CA ANZ wants to see the annual superannuation cap replaced with a lifetime contribution cap and provided ...

AvSuper marks strong EOI response, adds to board

JAMIE WILLIAMSON | MONDAY, 28 MAR 2022

Over 75% of the superannuation funds invited to take part in AvSuper's expression of interest process have done so, the fund says, as it welcomes an industry stalwart to its board to assist with the process. Providing an update to members, AvSuper chief ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON | FRIDAY, 25 MAR 2022

... will likely fuel further rises in the cost of living," he said. "The pursuit of this agenda is exacerbated by Australia's short election cycle which does not encourage governments to consider the long-term impacts of their decisions." He said serious ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON | THURSDAY, 24 MAR 2022

Financial advice practice valuations are expected to regulate this year and will continue to trade at a premium, so long as financing terms remain favourable. That's the prediction of Centurion Market Makers, outlined in its 2022 Practice Acquisition ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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