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Showing 1691 - 1700 of 4879 results for "FAR"

IPO activity to slow down

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
IPO activity in the coming six months could slow down after 2018's floats disappointed with their share prices at year end, according to HLB Mann Judd. Initial Public Offerings raised $8.4 billion in 2018 - more than double of the capital raised ...

Wells Fargo AM chief moves to BMO

OSKAH DUNNIN  |  THURSDAY, 24 JAN 2019
BMO Global Asset Management has appointed a new chief executive following the retirement of its current leader. Joining BMO Global Asset Management in March is Kristi Mitchem. She will replace Richard Wilson on March 18. Mitchem is the current chief ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... 2008 to 2016. In December 2016 he joined Dover Financial Advisers before jumping to Synchron in May 2018. According to ASIC FAR, Geappen ceased as an adviser in October 2018. ASIC said it had reason to believe Geappen was not adequately trained or competent ...

Watermark pulls out of global equities

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
Watermark Funds Management is shuttering its global equities business, saying farewell to a number of senior staff. The ASX-listed fund manager announced it is in the process of liquidating its international exposures and will return to its original ...

Young Aussies backing world's biggest brands

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... products cost-competitive with fossil fuels," he said. When the news broke, Tesla shares tumbled 13%; the single biggest fall so far in 2019. That said, Tesla's share price has climbed exponentially since its 2010 IPO, growing from US$17 to now over ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... predicting that: "Australian house prices would decline a further 5% this year, on top of a 6.7% decline from the peak so far, making Australian housing the worst performer out of 24 countries for the second consecutive year." This is before stabilising ...

PSP ramps up Aussie agriculture investment

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
The $166 billion Canadian pension investment manager PSP Investments has acquired a stake in an Australian grain and logistics company BFB. Already a major investor in Australia's agricultural sector, PSP Investments bought out private equity firm ...

NAB to end financial planning compliance issue

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... communications methods including registered mail, phone calls and direct contact. NAB said 74% of its impacted clients have so far returned new beneficiary nomination forms, which have been processed already. Ten per cent of the impacted clients have ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
A retiree body that was set up before the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... revised the amount when SMSFs were deemed to be cost effective compared with large funds from $1 million to $500,000. "This is a far more realistic figure to use as a guide for discussing whether it is appropriate to establish an SMSF as there are many ...