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Showing 1551 - 1560 of 7096 results for "June 2011"

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
TCorp has unveiled its new funding program that will increase client loans in line with the New South Wales government's record spend on infrastructure. In FY21, TCorp's funding program consists of $32 billion of new client loans. Maturities for the ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
The 14-year-old fund is headed for the door as asset growth falters. The Clime Australian Value Fund was set up in 2006 (wholesale units followed in 2011) and had $79 million in total assets at June end. It targeted capital growth and a growing level ...

Pinnacle boutique to shut fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
Systematic global macro manager Two Trees Investment Management is shutting its Australian unit trust, as assets dwindle and the strategy underperforms. The Two Trees Investment Management's Global Macro Fund will be terminated given its small size. ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
NAB Asset Servicing has signed up to State-Street-owned Charles River Development for compliance monitoring, oversight and reporting. NAS will use Charles River Investment Management Solution (IMS) to help institutional clients monitor a broad range ...

PPS Mutual hires from Synchron

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
Former Synchron state manager has joined mutual insurance firm PPS Mutual as a senior business development manager to strengthen its distribution in Victoria and Tasmania. Jason Milosevski has been the Victorian state manager at Synchron for the past ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
Ord Minnett has acquired E.L. & C. Baillieu for an undisclosed amount in what it describes as "a highly welcomed strategic move". Announced yesterday, Ord Minnett said the acquisition will strengthen it as one of Australia's largest, independent private ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Pengana Capital will wind up an income-focused Australian equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...