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Showing 1041 - 1050 of 5334 results for "Third"

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... Statistics' (ABS) 'National Accounts' show the Australian economy expanded by 1.8% in the March 2021 quarter - the third consecutive quarter of growth since the pandemic-induced recession in the March and June quarters of 2020 - taking the ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... formal discussions are in the works and that they intend to shortly sign an exclusive Heads of Agreement. This marks the third time this year Hostplus has joined forces with other industry funds to either merge or pool the assets of members. On June ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... breaching periods totalled approximately $771 million and the bank was fined $15,000 for these two counts. Furthermore, the third count was for breaches during January 2017 through to January 2018 where on 20 separate occasions part of Societe Generale's ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... consultant. In 2018, he established GAM Investments' operations in Australia as it broke away from its 14-year-long third-party marketing agreement with Shed Enterprises. He has also held product leadership roles at AMP Capital and Man Investments ...

Aussie investors optimistic about returns

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... Conversely, a separate study in the US found Americans are more pessimistic about financial security in retirement as over one third will have to delay retiring as a result of the pandemic. Natixis managing director and head of distribution Louise Watson ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The coronavirus pandemic is forcing over one third of Americans to delay their retirement while a larger cohort are turning to part-time work to supplement their nest egg, a new survey finds. Those intending to retire over the next five years are putting ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... metalliferous ores to China [up 20% in May from April] was once again driven by iron ore, up $2,087m (20%) to $12,666m. This is the third consecutive record export month for both iron ore and subsequently metalliferous ores." No prizes for guessing but ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... the beneficiaries suffered no actionable loss. On June 18, orders made by Justice Beach ordered the applicants to add a third applicant to the case, flesh out the applicants' fiduciary claims, and change the group definition. The judge wants the ...

J.P. Morgan AM acquires forestry manager

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
... vertically." J.P. Morgan has some $168 billion held in its global alternatives portfolio. When the deal finalises in the third quarter of 2021, Acadian Asset Management will be sole subsidiary of BrightSphere.

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... reforms but now said they create more consumer harm and does not deliver on its objectives. The AIST is concerned that one third of super savings will not be subject to the performance test. "AIST remains deeply concerned that these legislative carve ...