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Showing 1351 - 1360 of 6213 results for "SIX"

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
Macquarie Group reported $985 million in net profit for the six months ending September, 23% lower than the previous half and 32% lower than same period last year. "Recent months have been overshadowed by the profound human impact of COVID-19 global ...

Former advisers face huge fines

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... or misleading statements, which could carry 10 years' imprisonment or a maximum fine of $945,000. He's also facing six counts of making a statement that was false, which could see him fined $21,000 or face two year in prison for each offence. ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... gather assets. In March, UBS took all nine of its ETFs off the exchange with about $300 million in assets at February end. Six were converted to units in unlisted funds while three were wound up. In July, Pinnacle delisted SAVE, and Z3RO pitched as first ...

Three in a row for NSW? MySuper says so

JAMIE WILLIAMSON  |  WEDNESDAY, 4 NOV 2020
... top, with funds ranking inside the top 10 on a one, three, five, seven and 10-year basis. In fact, over 10 years, NSW claims six of the top 10 spots. In contrast, Queensland funds only make the cut on a one, five and 10-year basis. When we turn to Lifecycle ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... skills". "There is positive sentiment for candidates in this sector with many candidates we have worked with during the last six months receiving multiple job offers, and salary increases when they are prepared to move," he added. Some of the skills ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... Settlement balances to zero the purchase of $100 billion of government bonds of maturities of around five to 10 years over the next six months. Can you spell QE? The RBA's bond purchases are intended to push down long-term government bond yields. ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... Settlement balances to zero and purchase of $100 billion of government bonds of maturities of around five to 10 years over the next six months. Despite many economists predicting the move, insights manager at Finder Graham Cooke said the rate cut was ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... year among other measures. The non-executive director fees were also trimmed by 20% starting June 1, for an initial period of six months. Its top seven executives made a combined $9.4 million in the year, down from about $15 million in 2019. This includes ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... that the pipeline is strongest he's ever had it." He said the firm is "very comfortable" with institutional inflows over next six to 12 months, barring an event like a major correction.