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Showing 1161 - 1170 of 3879 results for "February"

Adviser guilty of misuse of client money

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... pleaded guilty to 11 counts of dishonestly using his clients' money for his own personal use. Dick was charged in February this year after an ASIC investigation revealed he had accessed and transferred around $1.1 million from his clients' superannuation ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... far this year, Pendal subsidiary Regnan has launched its first specialist impact product to the Australian market in February, called the Regnan Credit Impact Strategy. Pendal is also gearing up to launch a Global Equities Impact Fund, to be marketed ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... Madison, which is home to about 100 advisers, was previously owned by Sargon Capital but fell into OneVue's hands in February as the latter looked to recoup money owed to it by Sargon Capital when it went into external administration. It is understood ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... the CBOE VIX index - the fear gauge - has fallen to a reading of 27.98 on the day which is the lowest reading since 26 February this year (two weeks before the World Health Organisation declared COVID-19 a pandemic). Then again, in the current world ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... to pass the FASEA exam and meet FASEA's education requirements. It was passed by the House of Representatives in February. Once the bill passes, advisers will be given an additional year to complete the FASEA-approved exam, meaning they'll have ...

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... boutique in Prodigy's three-boutique stable. It returned 6.2% above the benchmark S&P/ASX Small Ords in the 12 months to February end. It is managed by Andrew Mouchacca and Richard Macdougall, both of whom had previously worked at Contango Asset ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... national output 14% lower by the end of 2020. The UK central bank also expects to double from a near 45-year low of 4% (February 2020) to 8% by the end of this year. It'll be better in 2021. The BOE's illustrative scenario forecast UK GDP to ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... began on the same trajectory on which the previous year concluded. By January 3, almost US$82 million had been raised; by February 6, that figure was just over US$450 million. But it took until the end of March - the rest of the quarter - to double that ...

Volatility continues to drive investors

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... more balanced way for less experienced investors to enter the market, we opened twice as many new accounts from March to February (99% increase)," Burns pointed out. "We then had a 20% drop in April from these March highs. "With new economic and company ...

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based in Queensland, at the start of February for $25 million in what was the first major acquisition for the ASX-listed company. To further complicate matters, part of ...