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| | | ... in under three years, Financial Standard understands. The boutique was launched by Macquarie Investment Management's long/short team led by Patrick Hodgens in March 2018, and now has 16 investors and $5.4 billion in total assets. In February it added ... |
| | | | 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 ... |
| | | | ASIC has given superannuation funds another year to disclose their portfolio holdings. The regulator has extended the relief, which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees ... |
| | | | ... the unprecedented easing of monetary policy by the Reserve Bank of Australia (RBA) and global central banks, yields for short-term fixed interest securities (defensive assets) have fallen towards zero per cent," the fund said. "This record low interest ... |
| | | | ... reduce sensitivity to market risk by building diversified portfolios with low cross-sectoral correlations and relatively short spread duration. "At CIPAM we're focused on product innovation, strong governance and building long term partnerships with ... |
| | | | "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 ... |
| | | | ... and 4.85% p.a. over five years) was the best Australian fixed-interest fund. The best income fund was the PIMCO Australian Short-term Bond Fund (2.7% for the year and 3.4% p.a. over five years). In listed real assets, Magellan's Infrastructure Fund ... |
| | | | Following the Australian Prudential Regulation Authority's (APRA) review into Westpac's risk governance, both parties have agreed to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates ... |
| | | | ... buyers to save up for longer, and prevents current owners from upselling." Cooke said removing stamp duty may result in a short-term boost to property prices. "Axing the tax now also means buyers who are currently saving can get more bang for their buck," ... |
| | | | ... told they could invest in debenture products with guaranteed high returns and that they could access their funds after a short-term period of investment. At Gore's sentencing, the judge remarked that SMSF investors have saved legitimately for their retirements ... |
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