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Chief economist update: No pandemic on Wall Street
BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...
New year, new chief for Aviva Investors
ELIZA BAVIN  |  WEDNESDAY, 6 JAN 2021
Aviva Investors has named a new global chief to replace Euan Munro with immediate effect. Aviva announced the appointment of Mark Versey as chief executive of Aviva Investors, saying it is an important step in the delivery of the group's new strategy. ...
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Link Group confirmed SS&C has withdrawn its takeover proposal.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 ...
MTAA Super awards scholarships
KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
The industry fund has awarded 15 scholarships to members and non-members to put towards further education in automotive and related industries. MTAA Super said the scholarships are worth up to $5000, with the total standing at $50,000 across 15 winners. ...
Challenger to buy industry-fund-owned bank
KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... by 2025. "This move ensures our funds can focus on our core goal of achieving excellence in superannuation, delivered with care," Togethr Trustees chief executive Scott Cameron said. "We believe that the transaction with Challenger is an excellent outcome ...
Real AM considers listing new REIT
ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... approximately $500 million. The three assets are all leased to Australia's third largest private hospital operator, Healthe Care, with weighted average leases of 15 years each and?annual rent increases. RAM said the properties provide steady rental ...
Advice firm merges with boutique
ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... her team and contribute to adviser development, mentoring, and best practice at the firm. "The alignment of attitude and care was critical to our selection of Apt Wealth Partners," Tate-Lovery said. "Clients will continue to receive services from their ...
First Super adds to board
ELIZA BAVIN  |  MONDAY, 21 DEC 2020
The chief executive of an industry association will First Super's board, replacing former director and co-chair Lisa Marty. Dean Brakell will join First Super's board, commencing 1 January 2021. Brakell is chief executive of the Australian Cabinet & ...
FS team picks: The top stories for 2020
ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...
Senior appointments at HLB Mann Judd
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
HLB Mann Judd has made several director appointments in its Adelaide and Sydney offices, including a new tax director in the South Australian firm. Peter Wirtz will take on the position of tax director in Adelaide, an appointment which HLB Mann Judd ...