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Showing 1341 - 1350 of 5002 results for "CAM"

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
When you read reports that police have tasered a man over an argument over toilet paper, you know that the coronavirus hysteria has come to Australia. This followed news of emptied toilet paper shelves at supermarkets that has now extended to "necessities" ...

UNSW to ditch fossil fuels

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
The University of New South Wales (UNSW) has announced it will move away from investment in fossil fuels. The University said it will divest from direct ownership and any commingled funds that include public equities and corporate bonds of companies ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Future Fund chief investment officer Raphael Arndt is confident Australia's sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Major Queensland superannuation funds QSuper and Sunsuper are a step closer to a merger, signing a Memorandum of Understanding to undertake exclusive due diligence to explore a merger. The agreement comes around four months after the two super funds ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
A $6.5 billion industry superannuation fund is closing its unlisted infrastructure investment option due to lack of scale. Following a review of its offering, Media Super recently notified members it is closing its unlisted infrastructure option on ...

Aussie at center of international scheme

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
An Australian has been named by the US Federal Trade Commission (FTC) as being at the center of a massive international business coaching scheme that "swindled" veterans and the elderly out of millions. Matthew Lloyd McPhee ran a scheme known as My ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Superannuation experts are concerned the retirement income review may be getting out of hand, evidenced by numerous stakeholder submissions straying from the consultation guidelines by proposing a complete transformation of the super system. At the ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
Ariel Investments chief investment officer Rupal J. Bhansali shared her contrarian views on ESG investing and why Phillip Morris International makes the cut. "Because we are risk aware managers we are going to be ESG aware," Bhansali said. "We believe ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
The US Securities and Exchange Commission charged a prominent actor for failing to disclose payments he received for promoting an investment in a bitcoin offering. The SEC found Steven Seagal had not disclosed that he was promised $380,000 (US$250,000) ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
An activist group who met with $50 billion industry fund HESTA following a protest have revealed that several from their group were so disappointed with the outcome of the meeting that they're leaving the fund. Healthy Futures is an organisation ...