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Showing 1301 - 1310 of 5159 results for "REST"

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... four other superannuation funds could swell to $200 billion. First in line for this is Hostplus followed by MLC, Sunsuper, Rest and QSuper. UniSuper, Cbus and HESTA will be the last ones of the bigger funds to reach the mark, per current levels of growth ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... after FY20 results and co-founder Alan Dixon's departure. 360 Capital currently owns 19.55% of Evans and is trying to buy the rest. However, it has faced difficulties on the way. Tony Pitt was first endorsed for election to EP1's board who reversed their ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
New regulation that requires financial advisers to disclose conflicts of interest and stamp out fees-for-no service have been tabled in parliament. The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to strengthen many ...

TAL group life lead in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
TAL's executive general manager of group life is set to take on a new role at Zurich in March. Darren Wickham has been appointed head of group insurance at Zurich, joining the insurer's leadership team. With about 30 years' experience as ...

CBA private office head joins Mutual Trust

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Ralf Haase established the CPO in 2009 to develop and lead the ultra-high net worth business segment of Commonwealth Private. CBA restructured the business unit in June, folding into Commonwealth Private and making Haase redundant. Prior to his time ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
"The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms, greed for life, for money ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... Global Emerging Markets Fund (1.69% for the year and 9.14% p.a. for five years) was the best performer. Fixed income and rest Moving to fixed income, Niko Asset Management's Australian Bond Fund (4.27% for the year and 4.85% p.a. over five years) ...