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Showing 1061 - 1070 of 1757 results for "Covid"

GAM records $19bn in outflows

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... management sat at $182.3 billion on June 30, down from $202.6 billion at December end. However, it did manage to weather the COVID-19 volatility, having lifted its AUM since March 31 when it was recorded at $171 billion. Of this, $54.21 billion is investment ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... little change in the last six months, but with a select number of distribution roles being made redundant as a result of COVID-19, Riva Recruitment said salaries are likely to decrease slightly in the coming months as more people apply for new roles ...

Big companies dig deep

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
Australian corporates have contributed over $150 million to support the community during COVID-19, according to new analysis form Strive Philanthropy. The research focused in on Australia's 50 leading corporate givers from its latest GivingLarge dataset ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... "Significant industry change as a result of the Hayne Royal Commission along the more recent and ongoing impacts stemming from the COVID-19 pandemic, led us to undertake a comprehensive review of the distribution landscape, and how best GSFM should allocate ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported $58.7 billion in total funds under ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... was hit with two class actions and announced to the market that it expected profits to be 50% lower due to the impacts of COVID-19. One of those class actions is being brought by Shine Lawyers over insurance sold by AMP's aligned financial advisers. ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
... clients and has accelerated our growth." OpenMarkets has hired over 35 people and launched several new products during the COVID-19 crisis, he said. "We look forward to continuing that momentum as we take on the old ways of doing things and give power ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee on COVID-19 criminal activity and law enforcement that over 60% of COVID-19 scams are phishing scams aimed at collecting identity information. ...

AMP Capital names real estate head replacement

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... of depth of talent, premium assets and great client relationships on which to grow the business," O'Connor said. "While COVID 19 has created challenges for the industry, we're constantly engaging with tenants, customers and investors to find the right ...

Government introduces pandemic payment

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... it will take a pay cut while they isolate. This will mean that a financial penalty still remains, this just weakens our COVID-19 defences." The payment is currently not available in any other states however would be available in other states and territories ...