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Showing 1561 - 1570 of 4506 results for "Reach"

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... would only consider bids from super funds with assets in excess of $10 billion unless they could demonstrate an ability to reach that milestone by July 2021. The ability to provide TPD, death and income protection insurance cover was also a requirement. ...

Former OneVue exec joins listed fund manager

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... Funds Management and also head of sales at Philo Capital Advisers. Announcing the appointment, Clime said Karrasch has good reach across dealer groups and is respected across the financial adviser community, which will help the fund manager achieve its ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
The financial services industry has welcomed the surprise Coalition victory, viewing the result as business as usual. In a shock result to many, the Coalition defeated Bill Shorten's Labor Party in the Federal election over the weekend. In response ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... surplus workable. In working out its 2019/2020 Budget, the Treasury assumed the "iron ore spot price falling over the year to reach US$55 per tonne free-on-board (FOB) by the end of the March quarter 2020". Iron ore prices have rallied by 39.2% to US$96.34/MT ...

Beware: Zombie ETFs

KANIKA SOOD  |  THURSDAY, 16 MAY 2019
Almost 200 exchange traded funds now trade in Australia, but not all have tickled investor appetite, with several plodding along like zombies, Rainmaker research shows. Opening Financial Standard 's annual Best Practice Forum on ETFs in Melbourne this ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
NZ Super's initiative to pressure social media companies and governments to eliminate terrorist content online has achieved a new milestone, reaching NZ$5 trillion in assets under management and throwing its weight behind a new movement. At a summit ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
"If it weren't for the last minute, nothing would get done." - Rita Mae Brown. This famous quote might be true in general, but it certainly didn't apply to the 11th hour, last minute trade negotiations between the United States and China on ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... Morgan Stanley on is really important for us because they are a global tier one investment bank and they've got great reach in Australia and internationally." 86 400 is a neobank attempting to disrupt the Australian banking industry and claw market ...

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
The number of self-managed superannuation fund (SMSF) wind-ups shot up in the last 12-24 months, according to Australian Tax Office data. Latest ATO data reveals in 2014 the number of SMSF wind-ups was 12,654 and hovered around that point, reaching ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ...