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Showing 1771 - 1780 of 5859 results for "Short"

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
... considerations or preferences." Stephen Glenfield, FASEA chief executive, offered this clarification to Financial Standard : "In short, Standard Six does not require the adviser to ask about ethical investments. "Rather, where a client indicates they ...

Plato hires from Macquarie quant team

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... Charles Lowe will join Plato Investment Management as it continues to expand its research capabilities with a focus on long/short strategies. Lowe steps into the role of senior quantitative analyst. He has over 15 years' experience in investment management ...

Adviser scammed family, friends

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
A New York investment adviser named Ruless Pierre allegedly operated a Ponzi scheme that unlawfully obtained more than $2 million from investors who were told they'd see returns of 20% every two months. Part of the scheme, known as the Amongst Friends ...

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... accountability to become the bank we can all be proud of," Chronican said. The NAB executive leadership team will receive no short-term variable reward and no fixed remuneration increases for the year. "We recognise the impact on our brand, reputation ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members. Payden & Rygel was awarded the mandate from Rest, with its Payden Absolute Return Investment (PARI) strategy ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... of lookback audits, financial planning licensors shifting responsibility for client compensation payments to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions," Carnell said. Those seeking to ...

Boutique launches global equities fund

KANIKA SOOD  |  TUESDAY, 5 NOV 2019
... both executive directors at Goldman Sachs, responsible for managing Australian equities funds. The boutique has run a long/short Aussie equities strategy. It is now launching a global equities fund, after adding to its investment team in the recent months. ...

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... in Westpac's wealth arm - including exiting financial planning and migrating MySuper accounts - hurt revenue in the short term but would support customers and help the bank "build a more sustainable business." The Westpac boss noted the bank's ...

WTW launches first Australian-domiciled fund, names RE

ELIZA BAVIN  |  MONDAY, 4 NOV 2019
Willis Towers Watson (WTW) has launched its first Australian-domiciled fund and appointed a responsible entity. The Global Equities Focus Fund (GEFF) will launch this month and "capture only the best investment ideas from the world's top global ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... his forward guidance to a pause in rate cut proceedings. Given latest data and developments, it's looking a lot like a short pause. This is because, in Powell's own word: "The principal risks that we've been monitoring have been really slowing ...