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Showing 1421 - 1430 of 4461 results for "October"

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
... terminate the investment option, and switch members into Schroder Australian Equity investment option," AMP told members in an October update. The K2 fund's assets dipped by more than $100 million in the year to June end when it had about $132 million ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... long notice period, the capability of Biddle and Byres but also Byres' limited portfolio management experience. In October last year, Celeste bought back a stake in the business previously owned by Pacific Current Group, taking the firm's equity ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... payments across the industry are perhaps the greatest we have seen in a generation." Blight-Johnston - who joined the firm in October following stints at Challenger and AMP, including more than two years as head of the wealth manager's insurance ...

MLC hires from Perpetual Private

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... September end. Perpetual Private has handed over his responsibilities to current head of investment research, Kyle Lidbury. On October 1, NAB Asset Management was rebranded to MLC Asset Management.

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... varies based on market movements and investment decisions. "Illustrating the level of variability, at the time of writing (October 2019) we estimate our exposure to be around 9%," the report said. "Exposure changes over 2018 included increasing holdings ...

Three advisers cop ASIC bans

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... order made on November 8, ASIC banned Peter Jianchao Xu, who was most recently employed at Neo Wealth Solutions until October end. He has previously worked at Commonwealth Financial Planning and Westpac. The ban runs until November 2024. Lastly, ASIC ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... now become moot as property prices have started to rebound - prompted by the RBA's rate reductions in June, July and October, as well as the relaxation in lending restrictions. APRA announced in late-May that it is ditching its minimum 7% serviceability ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... telephone calls. CommInsure is, and was at the relevant time, a wholly owned subsidiary of Commonwealth Bank. "Between October and December 2014, CommInsure, through its agent, telemarketing firm Aegon Insights Australia...unlawfully sold life insurance ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... central bank cut its seven-day reverse repo rate from 2.55% to 2.5% yesterday - the first rate reduction in four years (October 2015). Markets certainly didn't expect the PBOC's easier policy announcement so soon after it injected CNY200 billion ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... jobs report) but it has risen and remains above the US$0.6704 low plumbed after the RBA's third interest rate cut on October 1." The A$/US$ is now back up to US$68.15. I've long been singing praises for a cheaper currency (except for when I'm ...