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Showing 1491 - 1500 of 7101 results for "June 2007"

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
... the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it foresaw in June - due to "stronger-than-expected momentum in the second half of 2020". This stronger base, in turn, underpins a brighter outlook ...

Super fund ousts ethical manager

JAMIE WILLIAMSON  |  FRIDAY, 22 JAN 2021
Yet another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders, transferring management of its Socially Responsible Balanced option to another firm earlier this month. LGIAsuper's Socially Responsible Balanced option ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
Japan may need to spend more to mitigate the expected slowing in consumption and business activity following the declaration of the second state of emergency. The worst of the pandemic appeared to have passed when Yoshihide Suga took over from Shinzo ...

Former CFSGAM chief joins property group

KANIKA SOOD  |  MONDAY, 18 JAN 2021
An ASX-listed property group has added the former chief executive of Colonial First State Global Asset Management as a non-executive director to its board. Warwick Negus joins the board of Dexus effective February 1. Negus is currently the chair of ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Newton IM adds Future strategies

ANNABELLE DICKSON  |  FRIDAY, 15 JAN 2021
The BNY Mellon subsidiary has launched three investment strategies that are poised to benefit from the opportunities in sustainability. Newton Investment Management will manage the Future Earth, Future Food and Future Life global equity portfolios and ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Three in four superannuation funds reported negative net earnings last year, after accounting for all expenses and income. About 109 superannuation funds had a negative year, while only 33 had a positive year, according to APRA's fund-level data for ...

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Bell Financial Group this morning said its net profit after tax for 2020 increased 44% to $46.7 million for the year ending December. The unaudited results precede the results announcement coming in February. Revenue increased 18% to $299 million. Earnings ...