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Showing 1171 - 1180 of 5514 results for "September 2005"

Winton fund looks to change fee structure

KANIKA SOOD  |  MONDAY, 7 SEP 2020
A $1.2 billion fund distributed locally by Macquarie Investment Management is seeking unitholder approval to change its fee structure. The Winton Global Alpha Fund takes long and short positions in exchange-traded futures and forward contracts of stock ...

Banks to assess loan deferrals

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
Australian banks will commence contacting the group of customers who have not resumed paying loans a result of the pandemic, according to the Australian Banking Association (ABA). Around 450,000 loan deferral customers will be assessed in September  ...

Trawalla Capital appoints head of distribution

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The investment management arm of Alan and Carol Schwartz's family office has hired BMO's local head of institutional distribution. Jonathan Goll will lead the local distribution for Trawalla-backed Asian equities boutique Stonehorn Capital Partners ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid ...