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Showing 1571 - 1580 of 7034 results for "December"

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... Markets Fund (Hedge Fund) (DMKT). The funds had a combined $55.3 million in assets at September end and ceased trading on December 4.

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... announcement that Bill McRobert will retire in the New Year. Kaspar was chief executive of Kinetic Super from August 2016 until December 2018, including during its merger with Sunsuper in May 2018. She was also a non-executive director of the fund from ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... trade and people movements. All good things must come to an end... very soon. The UK's transition period ends on 31 December 2020. Although sidelined by the coronavirus pandemic, the hard deadline can no longer be ignored. This close to D-day, a ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading disclosures in relation to the impact COVID-19 ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... period". Moreover, "Three new TLTRO III operations with a maturity of three years will be allotted in June, September and December 2021" and "the maximum amount that counterparties will be entitled to borrow is raised from 50% to 55% of their stock of ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... also asked the court to clarify the rights of two national unions in making board nominations. In a judgement handed on December 8, the court dismissed the unions appeal and asked it to pay the costs of UniSuper subject to submissions. "UniSuper welcomes ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... the offer does not represent "compelling value". Link shares have jumped since the announcement, closing at $4.96 on December 7 and sits at $5.59 at mid-morning on December 10. Despite this, Link will provide SS&C with due diligence information that ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... confidence continued to go on the up and up. The Westpac-Melbourne Institute index of consumer surged to a reading of 112 in December - up by 4.1% from November's read, 48% higher than the low recorded in April of this year and is the best reading ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Its remaining functions, such as exam administration ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... sale will increase CBA's common equity tier one ratio by 29 basis points. The transaction is expected to be completed by December 31. In September, CBA received $450 million furthering the divestment of CommInsure Life to AIA Group. The payment followed ...