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Showing 1221 - 1230 of 6746 results for "Profit"

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... 27 major super funds publish holdings data; about one quarter of all funds. Of those that do disclose, most are not-for-profit funds, though some retail funds such as Australian Ethical and Future Super are in the mix. However, the extent to which super ...

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... consecutive months of gains to August, Rainmaker's latest super performance tables show. MySuper products offered by not-for-profit superannuation funds outperformed their retail counterparts in the year to August by 0.6 percentage points. In the ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

LGS partners with SuperFriend

ALLY SELBY  |  THURSDAY, 1 OCT 2020
... LGS' partnership with SuperFriend to improve the mental wellbeing of LGS and its members." SuperFriend partners with 25 profit-to-member funds and eight group insurers to help reduce the impact and incidence of suicide in the sector, and improve workplace ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... thousands of orders to buy and sell the futures with the intent to cancel those orders before execution, and attempted to profit by deceiving other market participants by injecting false and misleading information concerning the supply and demand for ...

Former Christian Super investments chief in new role

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... management advisory services to wholesale investor clients including high net worth individuals, family offices, select not-for-profit foundations and trusts. Paua chief executive and founder Donna Nicolof welcomed Macready to the investment committee ...

VGI Partners co-founder steps down from board

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
Former VGI Partners co-founder and head of research has resigned from the board on a technicality. Douglas Tynan resigned from his executive position at VGI Partners in June and signaled his intention to stay on the board and remain an investor in the ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
Federal Treasurer Josh Frydenberg said the medium-term effects of COVID-19 have made it necessary to recalibrate the government's fiscal strategy ahead of the budget release. Frydenberg said the government will continue to offer strong economic support ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
J.P. Morgan Chase & Co is set to cough up close to $1.4 billion (US$1 billion) to shut down regulatory and government agency probes into market manipulation allegations on its precious metals and treasuries trading desk. As first reported by Bloomberg ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... fees. He slammed super funds for not disclosing related-party payments made to trade unions for example, which are set to profit $31 million over a decade. He was particularly critical of Industry Super Australia spending $40 million last year on advertising. ...