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Showing 1881 - 1890 of 10551 results for "BEI"

HESTA awards major global equities mandate

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
Having won an extensive tender process, a Sydney-based fund manager will oversee a $1 billion global equities allocation for the industry fund. Antipodes Partners' Global Long Strategy has been selected by HESTA for the mandate, citing the investment ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
ASIC has banned Perth-based director Sharree Grace Hutchinson from providing financial services for six years, after she was found to have abused her power as an ASFL holder. Specifically, the regulator found that between December 2020 and January 2021 ...

Charter Hall sells half-stake in office fund to GIC

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
The Charter Hall Prime Office Fund (CPOF) has sold a 50% interest in the $800 million office project that's being developed on 555 Collins Street, Melbourne to sovereign wealth fund GIC. Charter Hall managing director and group chief executive David ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

A solution to active fund underperformance

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
New analysis by VanEck questions why so many investors continue to invest in active funds, saying underperformance by active managers is not a recent phenomenon. According to the SPIVA scorecard produced by the S&P Dow Jones Indices, over the last 15 ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
As the manager of the Queensland government's long-term financial interests and a quasi-sovereign wealth fund, QIC can avoid the painful APRA performance test. This is a tremendous advantage for Allison Hill, QIC's state chief investment officer ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
US inflation has eased to 8.5% from its historic 40-year peak of 9.1%, recorded in June. The drop beat market expectations of 8.7% and comes as a welcome relief for the Biden government. The reason for the fall is a slowdown in rising energy prices. ...

ASIC research guides retail investment regulations

ANDREW MCKEAN  |  THURSDAY, 11 AUG 2022
ASIC has released a retail investor research report which captures motivations, attitudes and behaviours, helping the regulator determine where its efforts should be concentrated. The report offers a point-in-time snapshot of investor behaviour during ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
The only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...