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Showing 1271 - 1280 of 2953 results for "August 4"

Vanguard Australia appoints new managing director

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
The $6 trillion asset manager's top job in Australia is seeing a change of guard, with current managing director Colin Kelton moving to a US-based role. Joining Vanguard Australia is Frank Kolimago, who has been with the company for more than two ...

Chief economist update: China's neo-great leap forward

BENJAMIN ONG  |  MONDAY, 4 JUN 2018
Quitaly and Spanish Prime Minister Mariano Rajoy's exit and the curious case of the US-North Korea summit have drowned China's modern version of the "Great Leap Forward". The first day of June marked when MSCI included Chinese A-shares into ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
Commonwealth Bank will pay $700 million to resolve civil proceedings brought against it by AUSTRAC for contravening anti-money laundering and counter-terrorism laws - almost double what it anticipated. CBA has announced it reached an agreement with ...

ANZ, Deutsche and Citigroup under investigation for alleged cartel conduct

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
ANZ is being investigated for alleged criminal cartel conduct during an August 2015 institutional share placement, the bank and the Australian Competition and Consumer Commission (ACCC) confirmed this morning. The ACCC said it expects the Commonwealth ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
I'm all for transparency but some discussions or disagreements are better resolved behind closed doors. Not for the limelight/spotlight-hogging president of the US. Donald Trump didn't take to Twitter this time, he penned an open letter to tell ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
Perennial has reduced management fees for its defensive listed investment company as part of a revision of the overall investment strategy. Management fees for the Wealth Defender Equities LIC will be cut from 0.98% to 0.8%. This follows the LIC's ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
BlackRock has laid out options for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
ASX-listed healthcare firm Sirtex, whose investors include some of Australia's leading fund managers, will remain in the S&P/ASX 200 after its US takeover has been postponed in light of a new offer. Sirtex entered into a trading halt and then announced ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
A Perpetual non-executive director and the chair of its listed investment company has joined the board of ING Australia. Nancy Fox has served as a non-executive director at Perpetual since September 2015. She was appointed chair of Perpetual's first ...

Trustee firm lists $2bn in RMBS debt securities

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
Perpetual Trustee Company has listed three new debt securities on the ASX, which together are offering about $2 billion of RMBS debt securities to wholesale investors. Last month, Perpetual said Aussie investor's appetite for RMBS is strong, and more ...