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Showing 1191 - 1200 of 4123 results for "Nov"

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
OneVue shareholders approved Iress' offer yesterday. Alex Waislitz will still walk away with $22 million, while Connie McKeage's family investment vehicle will see a $15 million payday. Yesterday's poll was to approve Iress's revised ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
An industry super fund has bumped up its fees on some investment options due to the effects of COVID-19 market volatility. Australian Catholic Superannuation Retirement Fund (ACSRF) said the changes are set to come into effect on November 1. "Due to ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Aware Super has tightened the screens on its socially responsible investment (SRI) option as the $97 billion fund beefs up its ESG credentials, reshuffling investment mandates in the process. The managers with SRI mandates from Aware Super include Redpoint ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
Invesco is winding down a listed property fund for wholesale investors as it fails to achieve scale. The Invesco Wholesale Global Property Securities Fund - Hedged had $62 million in assets at September end via two share classes, started in 2001 and ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
All four of Sunsuper's superannuation investment options have had their ratings downgraded by Morningstar following its revised ratings framework. The $70 billion industry fund's balanced, growth, conservative and retirement options are now ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
The long-serving chief executive of an industry superannuation fund has announced their intention to retire. Bill McRobert will depart as chief executive of the Meat Industry Employees' Superannuation Fund (MIESF) in March of next year. The decision ...

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 ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
Two private equity firms are spearheading a takeover of Link Group to acquire 100% of the ASX-listed administrator. The consortium led by Pacific Equity Partners and Carlyle Group is offering $5.20 per share via a scheme of arrangement. Perpetual, which ...