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Showing 1231 - 1240 of 4503 results for "Reach"

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
ETF Securities has closed two of its exchange traded funds after failing to reach sufficient size. The ETF Securities Global Core Infrastructure ETF (CORE) and the Enhanced USD Cash ETF (ZUSD) will be terminated after the last day of trading on 29 January ...

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... Hostplus followed by MLC, Sunsuper, Rest and QSuper. UniSuper, Cbus and HESTA will be the last ones of the bigger funds to reach the mark, per current levels of growth and notwithstanding mergers.

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
In what seems to be a win for the embattled business, the federal court has consented to Mayfair 101's request that a mediation be ordered in proceedings brought by ASIC. "Today's court outcome is a big win for our investors. This matter should have ...

Hedge fund switched traders with algorithm

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
A hedge fund, previously linked to several superannuation funds, has been fined US$170 million for replacing its traders with an algorithm that drastically underperformed. An investigation by the US Securities Exchange Commission found UK-based BlueCrest ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australian oil and gas company Santos' carbon reduction plan has been heavily criticised, with critics pointing out many super funds invested in the company have made declarations on climate change that don't match their actions. According to ...

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The financial services sector has had the highest improvement on an ethics index despite still receiving the lowest score of all sectors, new research shows. Governance Institute of Australia's fifth annual Ethics Index 2020 ranked the banking ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
It keeps getting better and better for Australia. Only yesterday, I penned about things bright and beautiful developing in Australia - its success over containing the second wave and the consequent relaxation of restrictions and re-opening of state ...

Macquarie to offer private market solutions

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... including private equity, private debt, alternative yield, and private real assets strategies. Private markets have been out of reach for sophisticated investors due to a complex mix of legal and structural limitations, including large minimums, fees ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... provides most Australians with a minimum standard of living but a new approach is required to ensure retirees that rent reach this goal. The long-awaited Retirement Income Review (RIR) acknowledges the Age Pension as providing a safety net for those ...