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Showing 1051 - 1060 of 4460 results for "October"

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
... "The balance of risks to the global outlook remains on the downside, but less skewed toward adverse outcomes than in the October WEO. The early signs of stabilisation discussed above could persist, leading to favorable dynamics between still-resilient ...

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... Dixon's departure. 360 Capital currently owns 19.55% of Evans and is trying to buy the rest. Its first offer, lodged on 27 October 2020 of about 52 cents per share, was rejected. On December 11, 360 Capital offered the remaining shareholders of EPI ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... Colonial First State Global Asset Management (CFSGAM) to Japan's Mitsubishi UFJ Trust and Banking Corporation (MUTB) in October 2018 for about $4 billion. A year later, CFSGAM was rebranded, with the global rebrand completing in September 2020. In ...

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
Link Group confirmed SS&C has withdrawn its takeover proposal. The SS&C Technology holdings proposal, announced in October 2020, offered $5.65 per share for 100% of Link via a scheme of arrangement, after the original offer of $4.96 was rejected by ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... expects the bank to break even from FY22. Bell Porter says opportunity bigger than it seems According to APRA statistics at October end, the bank had $166 million in total resident assets. By this measure, it is the third-smallest ADI of the roughly ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... managing director of Easton Investments commencing at the completion of the sale of Paragem. As previously announced in October 2020, HUB24 agreed to make a proportional takeover offer for one in every three fully paid ordinary shares of Easton held ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... economy. The Federal Treasury now sees GDP expanding by 0.75% in 2020-21 instead of the 1.5% contraction foreseen in the October Budget. However, the following fiscal year's growth rate was revised lower to 3.5% from the 4.75% predicted in October. ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... director Damien Mu said the insurer wanted to take initiative prior to the new product design obligations, which from October 2021, will affect retail income protection providers. IP CORE aligns with APRA's guidance on product features that will ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... Industrial production strengthened to 7.0% in the year to November - the fastest annual growth rate in 20 months from 6.9% in October. Likewise, November figures show the annual growth in fixed asset investment picked up by 2.6% in November, strengthening ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... super, and led Plum Financial Services and MLC group insurance. When AMP announced the restructure of its business units in October 2019, combining the banking and wealth management functions, managing director of wealth products and platforms Rod Finch ...