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Showing 1261 - 1270 of 6476 results for "September"

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive growth rather than slightly negative." The Australian economy fulfilled ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... alleges investor money has been dissipated. It is also alleged that Beresford established another business and website in September 2020 called Asset Capital Holdings. Beresford has been arrested and charged with a hearing in the Federal Court set for ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... legal action against Dixon Advisory and Superannuation Services (Evans Dixon's share price closed at 45 cents on September 4). ASIC has alleged Dixon Advisory and Superannuation Services engaged in 126 breaches of best interests obligations relating ...

Boutique builds out executive team

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
An investment advisory boutique which soft launched in September, headed by former PwC chief executive Luke Sayers, has bolstered its leadership team. The Melbourne-based firm is building its executive lineup, appointing several senior managers from ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... the properties, with the fund delivering investors an annualised distribution yield of 7.3% and 7.5% in the June and September 2020 quarters, respectively." Elanor said it is expecting the strong sector fundamentals to remain and is feeling positive ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
... issues," Morningstar wrote in the review. "A good example of this is Crown Resorts, the second-largest holding as at September 2020." The ratings house noted success in such investments depends on stock rerating on business or management reform, which ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... reading recorded only six months ago (April). The manufacturing sector activity inched up to 53.3 in October (from 53.2 in September) but it was the highest reading in 21 months. The services PMI advanced to a reading of 56.0 from 54.6 - a 20-month high. ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... a rental allowance. I was told the payment of this allowance was consistent with ASIC policy." Crennan said that in September 2020 he was first told of external advice about the Australian National Audit Office's (ANAO) position concerning the rental ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... where she headed strategic partnerships for about six years. Pendal had $92.4 billion in total funds under management at September end. About $19.8 billion of this is Aussie institutional FUM which Ashton will head, and about $7.3 billion is Aussie wholesale ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... Jobs" scheme announced in early July this year, that was itself followed by the "Winter Economic Plan" declared in late September. For its part, the Bank of England (BOE) has left the monetary policy door open for negative interest rates and more QE. ...