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Showing 1391 - 1400 of 8418 results for "Big"

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
The US has reversed its biggest economic contraction in history with the sharpest recovery on record. The US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... disrupted." Sodhi said the selling of AMP should be viewed as a positive for the industry and consumers. "It shows what happens when big brands milk their profits too gleefully without regard to the value they are providing," he said. "Make no mistake ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... upside in the results for ANZ shareholders. "Overall the result is reflective of an extraordinarily challenging period for the big banks, however ANZ should be praised for maintaining a strong capital position which has enabled it to return shareholders ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
An activist shareholder is asking for a cost review at Magellan's biggest client, St James Place. But the risk to Magellan is low, says Credit Suisse. The UK wealth manager has been using Magellan's strategies since 2011 and was its first overseas client. ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 26 OCT 2020
... Western Australia and the Northern Territory. CommSec chief economist Craig James it sees compression in the rankings. "The big improvers over the past quarter were the ACT, South Australia and Western Australia. The biggest losers were Victoria, NSW ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... documentation evidencing appropriate provision of service and/or advice, and received advice appropriate to their circumstance. The big banking and financial services institutions have paid or offered a total of $1.05 billion in compensation as at 30 ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
AustralianSuper is the latest casualty in Morningstar's ratings rejig, as three options with nearly 86% of its total $180 billion slide to the lowest analyst rating of "bronze". The superannuation fund's $135 billion balanced option, $13.5 billion high ...

Super advice firm buys robo-adviser

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... deliver better retirement outcomes," he said. Clover's co-founder and chief executive Sahil Kaura said the transaction is a big win for its customers. "Over time, Clover's customers will be able to take advantage of SuperEd's range of proprietary ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
Alternatives asset managers won the most mandates last financial year, marking their best period yet, according to new research. Rainmaker's Mandate Chaser shows the last 12 months to June 2020 were busy for alternatives managers, experiencing a ...