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Showing 1301 - 1310 of 7106 results for "December"

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... Global Opportunities Fund later this month as a result of dwindling funds under management. Investors were notified in December last year that an assessment of the fund's viability would take place this year, warning then that it may not be possible ...

AustralianSuper acquires Qantas site

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... logistics, e-commerce and last-mile logistics hub that connects to Sydney Airport. The project is due to complete in December 2021 and is estimated to be worth over $2 billion. AustralianSuper head of property Bevan Towning said: "This is a great opportunity ...

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... non-executive director, and chair of the remuneration and nomination committee, for Pendal, but will retire from that position in December. Fay is also a non-executive director of Spark Infrastructure Group, from which he is due to step down following ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... failed to undertake reconciliations which led to staff being paid less than their entitlements between October 2015 and December 2020. The maximum penalties for CBA and CommSec are up to $666,000 per breach for each company. For all other contraventions ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... OneSuper - among other funds. ASIC has commenced civil proceedings against Diversa, alleging that between March 2019 and December 2020 it was aware that ASIC was investigating a business run by financial adviser Nizi Bhandari for contraventions of the ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... stagflation. he first episode came in the mid-1970s. US CPI inflation surged from a low of 2.95% in August 1972 to 12.1% by December 1974 while the US economy stagnated, with annual GDP growth collapsing from 7.6% in 1973 to negative 2.3% by 1975. The ...

Stewart Investors launches fund, drops fees

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
... manager said the reduction is made possible by years of strong performance, reporting positive year-on-year returns since December 2013. Clients can now share in the proceeds of the fund's growth, lead portfolio manager Sashi Reddy said. "We want ...

Leadership changes at Vanguard Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 OCT 2021
... Asia Pacific, and a member of the Australian executive team. The transition of roles is expected to be complete by mid-December. Reyes will be relocating back to Vanguard's headquarters in Pennsylvania to take up the role of global head of investment ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... positive ratings than the demand-side model," the research reads. ASIC first engaged Deloitte to conduct the research in December 2019 but was delayed due to COVID-19 and its impact on the funds management industry last year.

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... 1 May 2021, ceases on the Financial Advisers Register to be a relevant provider voluntarily from 1 May 2021. From 31 December 2021, this advisers is deemed as an existing provider, but not a relevant provider and does not need to have passed the exam ...