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Showing 161 - 170 of 254 results for "COVID-19"

Property Funds Association appoints president

JAMIE WILLIAMSON | THURSDAY, 29 APR 2021

The peak body for Australia's unlisted property funds sector has appointed the former executive director of institutional funds at Evans Dixon as its new president. Property Funds Australia (PFA) has appointed Andrew Cannane to a two-year term ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG | FRIDAY, 23 APR 2021

It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG | MONDAY, 19 APR 2021

"Come fly with me, let's fly, let's fly away..." -Frank Sinatara It didn't happen overnight, but it's happening... now. The Trans-Tasman bubble is here! After more than a year - I recall watching Qantas' chief executive saying it's ...

Two Aussie CIOs on top 100 list

KANIKA SOOD | FRIDAY, 16 APR 2021

Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

Hostplus wins mandate

KANIKA SOOD | TUESDAY, 6 APR 2021

Hostplus has been chosen as successor fund for about $210 million of member assets from AUSfund, as the latter closes its doors after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry ...

ASIC okay with virtual AGMs

KANIKA SOOD | WEDNESDAY, 24 MAR 2021

The corporate regulator will take a "no action" position on companies holding their annual general meetings via videoconferencing as the COVID protections lapse. ASIC's no action position will: support the holding of meetings using appropriate technology ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG | TUESDAY, 23 MAR 2021

"At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG | FRIDAY, 5 MAR 2021

Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

UK drags Bravura performance

KARREN VERGARA | THURSDAY, 25 FEB 2021

Bravura Solutions is feeling the sting of COVID-19 as its overseas operations deliver large blows to its profitability of more than 50%. The administration and management software provider announced that its UK and South African units have severely ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG | THURSDAY, 25 FEB 2021

Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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