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Showing 1481 - 1490 of 6148 results for "Money"

Kapstream restructures investment team

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... hiring a new credit-focussed portfolio manager. Raymond Lee, who spent nearly a decade at Kapstream and previously managed money for Lachlan Murdoch's private investment vehicle Illyria, had his leadership role made redundant after a team review. ...

Industry funds team up in longevity search

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... protection by drawing down less when they are in early stages of retirement. "It's a bit like not insuring your house and holding money back from your day-to-day budget. And economics tells us self-insurance is an inefficient way for [longevity risk]," ...

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... 1 July 2021," Pendal said. The $3 billion Pendal Managed Cash Fund has been running since 1986 and invests in short-term money market securities issued by banks, corporations and similar local issuers. The Pendal Stable Cash Plus Fund has about $1.8 ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... investigating complex fraud matters requires dedication, tenacity and an ongoing commitment from all involved. "Tax fraud takes money away from essential community services and leaves everyday taxpayers to pick up the bill. It's not a victimless ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... advised and 220 unadvised Australians during May, found that more than half (52.8%) of unadvised Australians worry about their money daily or weekly, while this drops to just over one in three (36.5%) for those with advisers. Interesting, the overall ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... their correspondent and dollar clearing business. "Danske Estonia, which is at the center of one of the world's largest money laundering scandals, suffered from inherent control failures that resulted in large quantities of money being moved on behalf ...

AustralianSuper appoints head of financial crime

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
... AustralianSuper's head of financial crime, security and resilience, Garcia will be responsible for compliance with anti-money laundering and counter-terrorism financing, preventing fraud and other financial crime. He will also work on business continuity ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... cooler heads will prevail. Scott Morrison's "inquiry" bravado would give way to what's best for the domestic economy. Money talks, bull crap walks. Follow the money. This becomes an even greater imperative given the likelihood of a more prolonged ...

ANZ accused of paying hush money on BBSW scandal

ELIZABETH MCARTHUR  |  FRIDAY, 3 JUL 2020
... action filed in the Federal Court ANZ has been accused of throwing a whistleblower under the bus, paying a fine as "hush money" and "virtue signalling" following ASIC's investigation into ANZ's alleged manipulation of the bank bill swap rate. Levitt ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... re-imposed lockdowns. Needless to say, this would delay the US recovery. Then again, with the Fed and the government on a "money is no object" crusade, stockmarket investors and economic fundamentals only need to follow the money... to make more mone ...