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Search ResultsShowing 91 - 100 of 100+ results for "Australian"
Specialist platforms prosper in June quarter
ALLY SELBY  |  MONDAY, 20 JUL 2020
... provider also added 20 new managed portfolios to its menu during the quarter, including ClearView Wealth portfolios, Australian share portfolios and diversified ETF portfolios. High net worth specialist Powerwrap also released its results for the June ...
ERS payments approach $30bn mark
ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... to eligible members have taken an average of 3.2 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 96.2% have been made within five business days. The county's largest fund, AustralianSuper, has made the ...
FSC appoints four to board
ALLY SELBY  |  MONDAY, 20 JUL 2020
... members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape. BlackRock Asset Management head of Australasia Andrew Landman, UBS Australia managing director Bryce ...
ASIC appeal upheld
ALLY SELBY  |  MONDAY, 20 JUL 2020
... upheld after the Federal Court set aside a decision made by the Administrative Appeals Tribunal to not ban a Western Australian-based financial adviser. Robert Hutchison was permanently banned from providing financial services in June 2017, however ...
360 Capital eyes LIC
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... in an ASX-listed closed-ended fund, as it engaged with its management to appoint it as the responsible entity. The Australian Enhanced Income Fund (AYF) was listed on the ASX in October 2006 and invests in up to 35 ASX-listed debt equity hybrid securities. ...
Industry fund lowers fees
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... and capital guarded (0.28% to 0.26%). Four asset class options in account based pensions also lowered their fees: Australian Shares (0.29% to 0.15%), international shares (0.34% to 0.15%) and cash (0.10% to 0.08%). "As a profit to member fund we are ...
Perpetual top brass cop six-month pay cuts
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... $28.4 billion in total assets. The three months saw its adviser-channel pull out net $400 million, split evenly across Australian equities and cash/fixed income. The private wealth business had $14.3 billion in funds under advice, which is 8% higher ...
Administrators appointed to iProsperity
ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... iProsperity Group's stakeholders over the coming weeks." In 2019, iProsperity acquired AccorInvest's portfolio of Australian hotels. It also made a US $477 million expansion into US hotels. With the hotel industry one of the hardest hit by the COVID-19 ...
IFM pledges to kickstart COVID-19 recovery
ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Industry super owned IFM Investors has a plan for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means ...
Stimulus stutters amid record unemployment
ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades, according to the Australian Bureau of Statistics (ABS). There were 210,000 jobs gained in the period but these were mostly driven by an increase ...
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