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Showing 1211 - 1220 of 4983 results for "Limit"

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... of 0.3 mb/d compared to last month's [October] assessment", despite supportive demand from China. OPEC+ may have to limit production again to put the oil supply-demand equation back into a balance that would favour of higher prices (at best) or stable ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... super fund introduced include: changing the TPD assist payment structure to pay a higher amount upfront, removing the time limit on lodging TPD claims, and increasing the circumstances in which a lump sum would be paid. The activities of daily work definition ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Former UBS fund manager Chris Baylis, billionaire investor Alex Waislitz and ASX-listed cash platform Cashwerkz have teamed up to launch a new funds management businesses. Fortlake Asset Management is offering four funds, across retail, wholesale and ...

Citi expands fixed income offering for wholesale

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Citi Australia is offering wholesale clients access to high-yield bonds, hybrids and capital notes, as it expands its fixed income services. It said it will also offer access to the instruments via the primary market, adding potential or preferential ...

Centuria acquires property for healthcare fund

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
Centuria has spent $115 million on various short-stay hospitals in response to the sector's unmet demand. Centuria Healthcare purchased the $55.5 million Bloomfield Medical Centre in New South Wales, the $51.7 million Vermont South Medical Centre in ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... 56%), AA (about 15%), A (11.3%) and BBB (14.3%). Last year, many fixed income managers trimmed their fees as they looked to limit their share of funds' returns in a low-return environment and faced increased competition from other managers.

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Channel Capital has hired from Perpetual to add in-house legal capability. Greg Wong has joined Channel as its general counsel. He will have oversight of legal and regulatory matters across the Channel group, supporting the strategic direction of the ...