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Showing 1271 - 1280 of 3879 results for "February"

Zenith boosts Mosaic offering

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... recently entered superannuation through the acquisition of Chant West's super and consultancy business for $12 million in February. Zenith chief executive David Wright said he was "very pleased" to welcome the Chant West team aboard. "This is a logical ...

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
... and falling below the 5000 point mark. The 200 has now lost around 31% of its value since its record-breaking highs of February 20. It comes after the Dow Jones experienced its worst day since the 1987 'Black Monday' sell-off, following news ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
... announced his will retire later this year. Ehnes has served as chief executive of the $379 billion pension fund since February 2002. The CalSTRS board has commenced a recruitment process for his successor. "We have demonstrated the value that a defined ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
... having recently been appointed a director. It comes after iSignthis made a 12.96% "strategic investment" in the NSX on February 20, splurging $4.2 million on a placement at $0.145 a share. It's hoping to raise a further $3.8-$5.8 million, taking its ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... Westpac/Melbourne Institute clearly shows waning confidence. The NAB business confidence index fell to a reading of -4 in February from -1 in the previous month, its lowest level since July 2013. Business conditions declined to 0 from +2 due to weaker ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... percentage fall for the local benchmark since the Global Financial Crisis. The S&P/ASX 200 has fallen 19.6% from its February highs. A 20% drop marks a bear market. In the first 10 minutes of trade this morning, the S&P/ASX 200 fell 3.6% or 215 points. ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... most affected by the outbreak. For example, in China, manufacturing and service sector activity declined dramatically in February," Gopinath said. "While the drop in manufacturing is comparable to the start of the global financial crisis, the decline ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... members in BT Lifetime Super - Employer Plan (LSEP) and BT Business Super to a new product called BT Super effective February, 2020. The transition included about 280,000 members. As a part of the transition, members under 35 years of age saw their death ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... pre-retirement behaviour. Critics of the SG increase, like Grattan Institute, argue it will curb already stagnate wages growth. In February this year Grattan's director of household finances, Brendan Coates, said analysis proves the government should ...

Pendal global equities fund cut at Morningstar

KANIKA SOOD  |  THURSDAY, 5 MAR 2020
... investment management to its global equities team Ashley Pittard. The changes were slated to come into effect around February 21. At the time, Morningstar put the funds under review, saying they were familiar with Pittard's style of investing from his ...