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Showing 1301 - 1310 of 5508 results for "September 30"

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
"I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) And don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne ...

The ingredients of a successful fund manager

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
New research from Zenith has found that fund managers with bigger investment teams and specialist coverage responsibilities tend to outperform their peers but opening multiple offices around the world will not give you a performance edge. Zenith compared ...

DWS bolsters property portfolio

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
DWS has announced the acquisition of The Sebel Hotel in Canberra. The off-market transaction was made on behalf of it major European real estate investment funds from the Zapari Group. The hotel, which is comprised of 144 recently refurbished rooms ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
AMP has responded to reports it is refunding fees charged to members into new AMP superannuation accounts opened without customers' knowledge or consent. Following a report by the ABC, AMP has confirmed it is depositing refunds owed to former customers ...

New super fund to launch

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
A new superannuation fund is set to launch next week focused on sustainable investing. Elevate Super will launch on Wednesday next week, a spokesperson confirmed to Financial Standard. Elevate is a sub-plan of Aracon Superannuation, a subsidiary of ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
The Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
BlackRock will double its ESG ETF offerings, dump investments in thermal coal and increase sustainable assets under management tenfold this decade. All this, just six months after it was revealed that BlackRock lost more than $133 billion by investing ...

Industry fund appoints investment head

HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
The former chief investment officer of a $4 billion superannuation fund has resurfaced in the same role at another industry fund. TWU Super has confirmed to Financial Standard the appointment of a new chief investment officer in former legalsuper investment ...

PIMCO a hit with Aussie instos

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
PIMCO has emerged as the manager that won the most institutional money in Australia for the year ending September, according to data from more than 5000 mandates compiled by Rainmaker Information. The global manager raised $3.7 billion -- most of it ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
NULIS Nominees has added a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management ...