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Showing 1581 - 1590 of 4879 results for "FAR"

Antares portfolio manager departs

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
The $660 million Aussie equities fund at Antares is bidding farewell to the "linchpin" of its investment strategy. Richard Dixon's departure was announced on Monday, after almost three months of extended leave. Dixon leaves after nearly 12 years, and ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
Queensland-based superannuation fund LGIAsuper has doubled down on its efforts to rebuke the current trend of consolidation sweeping the sector. In a post to its website, chief executive of the $12 billion fund, Kate Farrar said LGIAsuper was not seeking ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
The strong US non-farm payrolls report - employment grew by 224,000 in June, beating expectations for a 160,000 gain and a sharp rebound from the 72,000 added in the previous month - failed to remove or even reduce the odds for a Fed rate cut this month. ...

ISA condemned by union

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUL 2019
... government to develop long-term solutions to energy problems. "In the event of continued stand-offs on energy policy making, far-sighted industry super funds can play a role," Combet said.

Clime ramps up private wealth

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
... million on its balance sheet and is willing to acquire advice businesses that come up for sale. "In terms of acquisitions, so far we have built our private wealth business organically. We wouldn't rule out an acquisition if the heritage of the business ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
... here last year, costing almost half a billion dollars. This compared to around 85,000 scam reports in the US and UK, with far bigger populations. "This covers a wide variety of scams - defined in our report as 'social engineering' frauds - including ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
... attention was all about the US-China trade deal or no deal tete-a-tete. The news of Trump and Xi's face-to-face has so far been good - with both leaders agreeing to re-start trade negotiations. The meeting has been sliced, diced and dissected into ...

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... doesn't rely on rotation of the portfolio for dividend run-up purposes in order to increase its income yield, and there is far fewer concentration risks present in the underlying portfolio." Melbourne-based Omega has $4.4 billion in funds under management. ...