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Showing 1081 - 1090 of 5506 results for "September 2015"

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
BlackRock has won a passive investment strategy mandate from AMP New Zealand for an undisclosed amount. AMP's subsidiary AMP New Zealand Wealth Management (NZWM) has awarded the mandate to BlackRock Investment Management to deliver the new indexed ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
Flows into international and domestic equity ETFs have surged as investors move away from cash, according to Vanguard and the ASX. International equity ETFs had nearly $2 billion of inflows in the September quarter, followed by domestic equity ETFs ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
China's cruel to be kind policy continues to pay dividends. Criticised and condemned they may be, but the swift and continued improvement in the economy prove that the Politburo's draconian restriction and lockdown measures implemented at the ...

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
National Australia Bank has been ordered to pay $15 million for dealing with unlicensed home loan introducers, as revealed at the Royal Commission. ASIC brought proceedings against NAB for contravening the National Consumer Credit Protection Act, which ...

Morphic co-founder exits

KANIKA SOOD  |  MONDAY, 19 OCT 2020
Chad Slater has resigned from Morphic Asset Management, a year after Ellerston Capital bought a stake in the business. Slater's portfolio management responsibilities will go to Ellerston co-head of global equities Bill Pridham. He has also resigned ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... impacting business activity in the region. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month of decline. Manufacturing activity continued to expand - 53.7 in September from 51.7 in August ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
The continued supply of fiscal stimulus and the expectation of more stimulus has sparked a vote of confidence in fund managers and investors across Australia and New Zealand. Nearly 80% of the delegates at the Citi Australia Investment Conference believe ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
The founder of Grow Super has been sentenced, after pleading guilty to gambling with insider information. Appearing yesterday, Joshua Wilson was sentenced in Downing Centre Local Court to 18 months good behaviour. He was not fined or given a custodial ...