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Showing 1041 - 1050 of 5505 results for "Mid"

CFA unveils December exam results

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... charterholders work in different areas of investment management such as private wealth, investment banking and insurance. In mid-2020, the institute surveyed its global members asking about the impact of COVID-19 on their employment. The majority (77%) ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Westpac to combine Advance super with BT Super

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... three funds recently: Advance Super Account, Advance Allocated Pension Account and Advance Fixed Term Pension account. Between mid-March and early April 2021, Westpac will replace the three Advance products with a BT Super account within Retirement Wrap ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... small caps fund with 30-35 small caps from the ASX and NZX with a market cap of about $5 billion with the occasional small mid-cap stock. The Eiger Australian Small Companies Fund returned 20.1% in the year ending January, compared to 5.38% from its ...

MMC acquires super fund administrator

KARREN VERGARA  |  MONDAY, 15 FEB 2021
... Somerville recently re-joined IFAA as manager of financial services. For SCS, Karen Waldon-White was appointed chief executive in mid-2020 after serving as general manager for over six years. MMC co-founder and managing director Tom Reiher said the significant ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... with the 8.0% unemployment rate the RBA forecast for end-year 2020 and lower than the Treasury's already lowered MYEFO (Mid-Year Economic and Financial Outlook) prediction for the jobless rate to "peak at 71/2 per cent in the March quarter 2021". ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

Cbus appoints three investment heads

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
... hiring from AustralianSuper, First Sentier and MLC Asset Management. John Longo will be Cbus's head of property, starting mid-February. Longo joins from Australian Super where he was a senior investment director for four years. Prior to this, he ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
With the sale of AMP Capital still on the table, AMP chief executive Francesco De Ferrari has addressed the asset management business' cultural issues and hinted at who would take over its leadership. De Ferrari assumed direct leadership of AMP ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... bonds issued by the Australian Government and states and territories when the current bond purchase program is completed in mid April. These additional purchases will be at the current rate of $5 billion a week. And then there were three. Fiscal money ...