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Showing 1061 - 1070 of 3228 results for "April 14"

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
Colonial First State has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
While backed by major industry associations and advocacy bodies, those that actually provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
COVID-19 will shave off more than $3.5 billion from the banking and finance industry in lost wages and profits in the four months to July, according to Deloitte Access Economics. Deloitte Access Economics Partners partner Chris Richardson estimates ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has revealed it adviser bans dropped by more than half in the second half of 2019, from 103 to 48. The figures were released in the regulator's half yearly ASIC Enforcement Update along with an outline of its enforcement strategy for 2020. However ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Aussie passive and active equity strategies have been put to the test, with Morningstar assessing how the country's small and large-cap managers have fared during the highs of 2019 and the lows of 2020. The coronavirus crash has renewed debate on ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... lockdowns is having on economic activity: The IHS/Markit flash US composite PMI output index dropped to a reading of 27.4 in April - "the fastest reduction in private sector output since the series began in late-2009" - from March's final reading ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... Qualitative Easing (QQE) with Yield Curve Control". This follows Prime Minister Shinzo Abe's announcement in early April "to carry out an unprecedentedly massive scale of economic package worth ¥108 trillion, or 20 percent of GDP, following the ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
Investment managers with fixed multi-asset allocations may have been better served by a flexible approach during the COVID-19 crisis. That's according to First Sentier Investors, who argue a flexible, dynamic multi-asset approach to investing can ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
The Australian Small Business and Family Enterprise ombudsman Kate Carnell is concerned that many small businesses may not be applying for the JobKeeper scheme. Carnell said there is a concern from many small business owners that they cannot afford ...