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Showing 1311 - 1320 of 3673 results for "Maintain"

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
With volatility still high, economic activity uncertain and investor sentiment low, a collapse in earnings could trigger another fall in risk assets. According to State Street Global Advisors senior investment strategist Raf Choudhury, this uncertainty ...

BlackRock, BNP Paribas form strategic alliance

HARRISON WORLEY  |  WEDNESDAY, 22 APR 2020
BNP Paribas and BlackRock have tied the knot on a strategic partnership designed to deliver integrated investment management capabilities to mutual clients. BNP Paribas Securities Services and BlackRock's Aladdin investment management platform have ...

Ironbark fund rating under review

KANIKA SOOD  |  TUESDAY, 21 APR 2020
A $180 million multi-manager alternatives fund from Ironbark has been put under review at Morningstar as the ratings house waits for clarity on March quarter performance. The Ironbark LHP Diversified Investments invests in 25 to 50 sub-managers of alternative ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...

ASIC demands compliance despite COVID-19

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... by the nature of the pandemic - and added there will be consequences for those who fail to do so. "It is important to maintain robust monitoring and supervision controls to ensure financial services are provided efficiently, honestly and fairly," ASIC ...

GAM cuts jobs, reviews pay

JAMIE WILLIAMSON  |  WEDNESDAY, 15 APR 2020
GAM Investments has announced it is accelerating its efficiency program, confirming it has completed a round of voluntary redundancies while another is ongoing. It is also reviewing remuneration arrangements across the group. Earlier this year GAM announced ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
... investigation into DirectMoney trading found Poidevin took part in transactions carried out by Rodr that were likely to create or maintain an artificial share price for the company. Bell Potter had been the manager and underwriter to a capital raising ...

Asset manager hires new chief executive

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
Australian Standfirst Asset Management has named its new chief executive, with a specific focus on family office. Michael Barnes has been appointed to the role, following a history of working as an ultra-high net worth and family office accountant. ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... payment times beyond the 12-month processing time. "It's not considered in the best interests of all investors to maintain monthly redemptions in the current economic environment. However, the changes we have announced provide investors with an ability ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Investors pulled out $3.9 billion from Pendal Group's strategies in the March quarter, led by Westpac redeeming about $1.3 billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December ...