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Showing 1571 - 1580 of 5907 results for "Second"

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... cents per share. "Class has successfully completed the first year of its Reimagination strategy and has now entered its second year 'accelerate' phase. The business is executing to play, and our results continue to deliver to our Reimagination targets ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... commissions with all benefits returned to clients." AMP added the remaining grandfathered commissions will cease in the second half and ahead of 1 January 2021 in compliance with the legislative requirements. AMP said client remediation is on track to ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
Asset managers slightly increased their risk tolerance in the second quarter of the year in a bid to ride the equity rally, but risk aversion still remains high. That's according to new research from institutional specialist consultant bfinance, which ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... risks of returning to the office. According to LinkedIn's Workforce Confidence Index, the financial services sector ranked second in terms of individual confidence, which encompasses workers' ability to get and keep a job, improve their financial situation ...

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance. Eaton Vance institutional portfolio manager director and alternative and ...

PAN-Tribal signs distribution deal

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
The funds management distribution house has signed an exclusive agreement to tout an infrastructure manager in the Australian wholesale market. ATLAS Infrastructure will now be distributed in the segment by PAN-Tribal. The firm was founded in 2017 with ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
The Financial Services Council (FSC) has called on the government to implement a two-year trial of a scalable advice model, in a bid to increase access to affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... Oh! The more we are together The merrier we'll be." - Irvin King So far, so good. New Zealand hasn't experience a second wave like Australia. Still, as Bloomberg notes: "While a government wage subsidy has prevented heavy job losses, protecting ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... enormous pressure to 'measure up'," Briant said. "But 'measuring up' is itself a moving target - we saw this recently in the second iteration of the Heatmap, where some funds' gradings changed dramatically from the first Heatmap." Briant also mentioned ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... economy. Latest data from worldometer.com shows the US with the most number of cases of infections in the world (5.2 million), second to India in new cases (47,849), and most total deaths (165,617). The continued impasse on the passing of the fifth coronavirus ...