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Showing 1441 - 1450 of 6251 results for "December 17"

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
Ironbark Asset Management has terminated an emerging markets small caps fund, after the underlying manager decided to close. The Ironbark Copper Rock Emerging Markets Opportunities Fund aimed to beat the MSCI Emerging Markets Small Cap Index (in AUD) ...

Perpetual gets green light for acquisition

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Perpetual has been given the green light for its acquisition of a US-based asset manager. Perpetual announced in July it was seeking to acquire a 75% stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). The remaining 25% interest ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
"Said the night wind to the little lamb, Do you see what I see?" The letter V is going viral in Australia (pardon the pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and ...

BT reduces wholesale fees

ELIZA BAVIN  |  TUESDAY, 10 NOV 2020
BT has reduced the management fees of the BT Multi-manager Funds to keep up with new legislation taking effect in the New Year. Effective 1 November 2020, BT said changes to the adviser fee function in the BT Wholesale Multi-manager Funds have been ...

State Super scholarship opens

KARREN VERGARA  |  MONDAY, 9 NOV 2020
State Super's post-graduate scholarship program is open for students in New South Wales interested in studying superannuation. The Academic Scholarship program offers four $16,000 scholarships available for masters and honours students. There is also ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Former advisers face huge fines

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
A former Macquarie financial adviser could be facing $1 million in fines, while the other has been fined $30,000 in a busy week for ASIC. Former Macquarie adviser Warren Acworth has been charged with dishonesty offences in Brisbane. He's facing ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
"Money, money, money Always sunny..." - ABBA The US presidential election remains undecided. The US Federal Reserve met and decided to keep the status quo - the complete opposite of the happenings on the other side of the Atlantic where both fiscal ...

ATO prepares for end of ERS

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
The Australian Taxation Office (ATO) has announced the end of year shutdown and program closure arrangements for the early release of super (ERS) scheme. Since April 3.3 million Australians have taken over $34 billion out of their retirement savings ...