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Showing 1551 - 1560 of 6477 results for "September"

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... US$5.5 billion. That said, the bank only set aside US$302 million for credit card losses in the nine months ending in September 2019, compared with US$338 million it set aside in 2018, and the US$123 million it set aside the previous year. The new consumer ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... management on platforms jump by $26 billion. According to Plan For Life Actuaries, masterfunds ended the year to 30 September 2019 up 3% - amounting to $26 billion. Total FUM for masterfunds now stands at $887.8 billion. However, during the September ...

UK pension fund expands offering, climate risk policy

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
... and is able to manage more complex investment decisions and tasks internally. Nest Invest submitted its application in September 2019, with Nest chief investment officer Mark Fawcett saying: "The FCA has reviewed our application and authorised Nest Invest ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... market, according to Plan For Life Actuaries. Plan For Life revealed overall retail managed funds at the end of the September 2019 quarter totalled $976.1 billion, up 3.1% over the past year while for the latest quarter they were more or less flat, down ...

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... the board with effect from 1 January 2020 and will stand for election at the ASX's general meeting at the end of September this year. "The Board and I are delighted that Rob has agreed to join us. He brings to the Board over 30 years' experience ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... model for Australian super funds as consolidation sweeps the industry. 7. Major super funds caught in fraud scandal In September it was revealed several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned ...

Greater potential for smart beta: Research

ELIZA BAVIN  |  THURSDAY, 19 DEC 2019
... products are gaining greater support than higher priced products," it reads. The broader ETP market saw 11% growth in the September quarter reaching $55.9 billion, according to Rainmaker. The growth was primarily due to strong quarterly inflows of $4.3 ...

AMPFP ceases MDA services

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... the extra conditions meant a senior executive of AMPFP was required to provide an acceptable attestation to ASIC by 30 September 2019 confirming that AMPFP had complied with and was complying with the tailored conditions. ASIC said AMPFP did not provide ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... 3.25% -- the first cut since 2016 - and at the same time injecting CNY400 billion (US$56.94 billion) in the system. In September, the National Development and Reform Commission (NDRC) announced more than 1 trillion yuan of infrastructure projects to ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... protected by a non-publication order during the Commission. In summing up the sixth round of Royal Commission hearings in September last year, counsel assisting Rowena Orr said TAL had accepted it may have breached its duty of utmost good faith by avoiding ...