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| | | S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ... |
| | | | ... re-set the market price and close the discount to investors. The conversion is outside of ASX's AQUA rules and will use an open-ended trust structure, subject to shareholder approval. The last time a LIC converted to an ETF was nearly seven years ... |
| | | | ... said. Sokulsky is the sole owner of the business, with plans to share equity with the staff down the line. He said he will be open to family-office backers, but has distribution capacity in house. |
| | | | A US$2 trillion fund manager is expanding to Taiwan and appointed a lead to drive its strategy in the Asia Pacific. BNY Mellon Investment Management announced Rebecca Chu will spearhead the firm's growth as head of Taiwan, focusing on local clients ... |
| | | | A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ... |
| | | | Evans and Partners have announced a potential change to open-ended funds for its Global Disruption Fund and its Global Flagship Fund. Walsh & Company Investments, as responsible entity for both funds, said it is exploring changing both funds from a ... |
| | | | Voting has opened for the 2020 FS Power50, recognising the most influential financial advisers in Australia. This year, Financial Standard received more than 170 nominations for the FS Power50 and the voting process has now launched. "The FS Power 50 ... |
| | | | ... best, premature," they said. In August, Morningstar's Global Sustainable Fund Flows report examined 3432 sustainable open-end funds and exchange-traded funds (ETFs) across the globe in the second quarter of 2020, and found that sustainable funds ... |
| | | | ... planning and tax planning. Only 39% of the 3000 SMSF trustees surveyed prefer relying on professional advice while 61% were open to using free non-personalised advice from government bodies and investment newsletters. On the other hand, 46% of financial ... |
| | | | ... 2020. Employees, however, can still only be nominated by one employer at any given time. "JobKeeper enrolments are still open. We encourage all businesses to review the eligibility criteria and if eligible, enrol in the program to start receiving JobKeeper ... |
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