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Showing 1241 - 1250 of 3929 results for "November"

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... scared - the VIX index jumped by 40% overnight to a reading of 75.47 - the highest since the 80.86 reading way back in November 2008 in the aftermath of the collapse of Lehman Bros. News that Tom Hanks and wife Rita tested positive for the coronavirus ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... a leader, not a very late follower, which it has been!" Trump nominated Powell as the chair of the Federal Reserve in November 2017. Trump ramped up pressure on Powell to cut interest rates following the RBA's rate cut last week. "Australia's ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... improvements and the industry takes action to reduce the number of complaints that end up at AFCA." Datacube was launched in November 2019 to allow Australians to see how their insurer, bank, financial adviser, superannuation fund or other financial ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... complaining of laggard customer service and reduced benefits, as BT transitions about 280,000 accounts to its new product. In November, BT said it would migrate members in BT Lifetime Super - Employer Plan (LSEP) and BT Business Super to a new product ...

J.P. Morgan offloads Melbourne properties

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... Collins Lane mall and a Southbank office tower known as Twenty8 Freshwater Place. The asset manager bought the mall in November 2016 for around $240 million, and purchased the office tower in August that same year for $286 million. J.P. Morgan has appointed ...

Pendal global equities fund cut at Morningstar

KANIKA SOOD  |  THURSDAY, 5 MAR 2020
... Pendal's global equities fund which recently swapped out an external manager for Pendal's in-house investment team. In November, Pendal announced it would pull $460 million from AQR Capital Management across three funds, and handed their investment management ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... continues to be well funded to execute its strategy following the $7.5 million capital raising that was completed in November 2019." Raiz introduced the $2.50 fee for low-balance customers' mid-last year; previously customers with balances under ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... comes off the back of the research firm's acquisition of Australian cloud-based adviser software firm, AdviserLogic, in November last year. Morningstar Canada chief executive and president, Scott Mackenzie, said PlanPlus Global's risk profiling capabilities ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... after the two super funds first flagged the possibility of a merger, with high-level discussions having taken place since November. After assessing one another, the fund's found there were "sufficient potential benefits to members" to move to the ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... Super's balanced option on April 1. This is the second investment option shuttered by Media Super in recent months. In mid-November last year the fund notified members its income plus option would close on February 5. This was as a result of the ...