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Showing 1241 - 1250 of 4546 results for "October"

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... that, "All G20 countries with the exception of China will have suffered recession in 2020" and backed by the IMF's October 2020 "World Economic Outlook" predicting Chinese GDP growth of 1.9% this year and 8.2% in 2021. The sequential improvement ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... quarter of 2020, and has delivered 8.1% p.a. above cash since full implementation of Welton's current strategy in October 2013 according to Brookvine chief executive Steven Hall. "With a correlation to the S&P500 over the same period of -0.05, its ...

BT terminates two funds

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... The BT Partner Australia Shares Growth 1 Fund and the BT Partner International Shares Core 1 Fund were terminated on 12 October 2020. They're both single manager funds that have been open for more than 10 years. The Australian shares fund commenced in ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... by a contestable role process. If BT proceeds to implement the changes after a consultation period - set to conclude on October 28 - the restructure will result in the net reduction of 30 roles. A spokesperson for BT said there would be no announcement ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... E-Crime Squad which found more than 40 false business names registered to form part of an alleged scam between May 2019 and October 2020. ASIC alleges the man obtained $370,000 from unsuspecting victims who believed they were investing in legitimate ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... consumer sentiment surged by 11.9% to a reading of 105 index points - more optimists than pessimists - in the month of October that followed September's 18% jump. No need to re-invent the wheel. According to Westpac chief economist Bill Evans: "This ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... Super has made changes to its range of investment options to offer members a wider range of low cost options. Effective October 8, the super fund now offers three passive options: Indexed Balanced, Australian Shares (Indexed) and International Shares ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... International Swaps and Derivatives Association (ISDA) announced that it will launch the 2020 IBOR Fallbacks Protocol on October 23. This new protocol will implement fall-back provisions for derivative contracts referencing key interbank offered rates ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... Australia Bank and MLC in various leadership roles and was general manager, regulatory change and remediation up until October 2020. Now he will step into the role of head of managed services, risk advisory at Ashurst. "We are thrilled to appoint Chris ...

Mayfair 101 promises investors pie in the sky

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... this month promising investors the return of their capital. The company said it will present its proposal to the court on October 22, with the objective of giving noteholders a "clear pathway" to their initial investment being returned. Mayfair 101 founder ...