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Showing 1221 - 1230 of 4160 results for "April"

ClearView announces board changes

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... Geoff Black has been named as the new chair, replacing Bruce Edwards who announced his intention to retire at the start of April. Edwards officially retired as chair and non-executive director effective July 1. Black joined the ClearView board as an ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... the year after that. Grattan is recommending: increasing the JobSeeker unemployment payment by at least $100 per week from April 2021 ($2 billion plus and $8 billion plus over the two years), increasing Commonwealth Rent Assistance by 40% ($1 billion ...

IFM Investors equities co-head departs

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... become the second largest equities house in Australia," IFM said in a statement. "The small cap team [$1 billion in assets at April, 2019] Neil led has outperformed the benchmark by more than 4% per annum since inception in March 2012." Before joining ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... representatives failed to comply with legislation that required their super accounts to be transferred to Aon MySuper by 1 April 2017 unless they explicitly opted out. As a result, the impacted members' account balances were lower than they should have ...

Robo users double down during COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
Robo advice provider Six Park saw a significant increase in users topping up their accounts during March and April, as COVID-19 rocked markets. In a normal period, Six Park sees about 10-15% of users top up their accounts over a two month period. But ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... reducing the reserve ratio by 100 bps to 3.0% to boost liquidity on March 27. This was followed by more stimulus measures: on April 1, the RBI announced it would defer the implementation of counter-cyclical capital buffer, review of limits of Way and ...

Cbus, Media Super explore merger

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
... funds are good performers, but the merger will be a significant addition in scale for Media Super. On a three-year basis to April end, Cbus's default option is the 11th best performer with 5% p.a. in returns while Media Super is the seventh best ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... reinforces the luck of Australians (sorry Ireland). The IMF its 2020 world GDP growth forecast by 1.9 percentage points (from its April 2020 prediction) to 4.9, with the contraction in all G7 economies revised deeper. As luck would have it, the IMF revised ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... around, companies with growth ambitions also took the opportunity to tap the market for additional capital. As a result, April 2020 was a record-breaking month, with 37 placements raising a total of $13 billion. Jacob Smart, senior investment analyst ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... Dalton and Equus would wind down their funds and return capital to investors. Dalton funds' closure was reversed on April 22 by EQT as the boutique found a new partner in Mantis Funds. Euroz, which wanted to expand its funds management presence to ...