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Showing 1351 - 1360 of 5334 results for "Third"

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... assumed that these trust accounts have been established for the benefit of the company in connection with the so called Third Party Acquiring business and has reported them as an asset in its financial accounts," Wirecard said. "The foregoing also causes ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
At least US$62 billion of mutual funds across the globe have suspended redemptions so far this year, already higher than at least the previous eight years, owing to COVID-19, according to Fitch Ratings. Fitch attributed the high level of suspensions ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... Rady argued. The survey found that almost 80% of retirees did not seek financial advice during the crisis, with less than a third understanding the investment options available to them in superannuation. Almost two-thirds of those without a financial ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
... government agencies, the report found that investment ($126 million) and dating scams ($83 million) were the second and third most common method of fraud in the country. "Unfortunately it is another year with devastatingly high losses, and scammers are ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
... asset managers opting to self-index, and Morningstar launching the open indexes project. "The benefits of using a neutral third-party benchmark are clear: Independence matters when it comes to benchmarking," Lefkovitz said. "But what's important is choosing ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... Korea and Thailand are likely to gain from their effective, transparent policies." China, which makes up approximately a third of the EM index, will also be looked upon less than favourably, he said. "Investors in China will likely give pause going forward ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... independent non-executive director), and Teddy Wasserman of CloverHill Capital and Matthew Kibble of Kibble Holdings. The third shareholder for PIP, Vista, does not have a seat on the board for Certes Corporation.

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... public outcry, BHP said it would "consult" with traditional owners on 40 out of the 86 sites. BHP is AustralianSuper's third largest Australian equities holding, the company represents 1.4% of AustralianSuper's MySuper investment option. It has ...

Editor's Choice

MaxCap appoints chief executive

RIDDHIMA TALWANI
MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1.

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN
The financial services firm has rejected a $21.64 per share bid from a Swedish private equity firm.

Investors Mutual founders launch new venture

MATTHEW WAI
The former investment director and founder of Investors Mutual Anton Tagliaferro is launching a new fund management business, focussing on small caps, with a new fund already made available for investors.

AMP, CFS, MLC post double-digit returns

VINNY VUCAGO
AMP Super, Colonial First State (CFS) and MLC have delivered strong returns for members with growth-focused options posting double digit gains despite heightened market volatility and geopolitical uncertainty.

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