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Showing 1231 - 1240 of 6175 results for "Statement"

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... strategy for the Yield Plus Infrastructure No 2 (YPI-2) fund as well as acquisitions for the GIC mandate," EG said in a statement. So far this year, EG has acquired four assets in New South Wales (Botany Bay, Ingleburn, West Ryde, Roseberry and Roseberry) ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... resigned following revelations his remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In October 2018, I agreed to a request ...

QIC hires former Frontier infrastructure head

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... be responsible for oversight of the QIP fund and take a lead role in portfolio analytics and research," QIC said in a statement. "Peter brings extensive experience to the role and we are delighted to have him on board." He has also held board positions ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... retail deposits into the most stable category of its liquidity coverage ratio and net stable funding. The bank said in a statement that the breaches resulted in an understatement of expected net cash outflow and overstated its liquidity position since ...

OnePath takes over group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... partnership with the AFL Players Association, through our community program, Tackle Your Feelings," Zurich said in a statement. Head injuries, such as concussions, are common in Australian football. Zurich said more research on the long-term impacts ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
With research showing the average cost for a Statement of Advice has increased 10% in 12 months, the Financial Planning Association of Australia (FPA) is warning of the detrimental impact ongoing reform is having on financial advisers and consumers. ...

Sam Henderson sentenced

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... Henderson's employees impersonating a client to a superannuation fund. The commission found that same client was given a statement of advice by Henderson which contained a recommendation that she leave her super fund and establish an SMSF - the recommendation ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... or for exposures which are truly diversifying (such as hedge funds)." However, the fund's latest profit and loss statement shows major downgrades to asset fair values, plummeting from $8.5 billion to a loss of $2.8 billion year on year.

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... Sure, China's third quarter growth was less than market expectations for a 5.2% print but it affirms the OECD's statement in its September 2020 Economic Outlook Interim Report that, "All G20 countries with the exception of China will have suffered ...

Morphic co-founder exits

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... The leadership change from Slater to Pridham is endorsed by the board of MEC. Its chair JoAnna Fisher said in an ASX statement. "MEC will continue to be managed in line with the environmental, social and governance (ESG) charter, supported by James Tayler ...