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Showing 1961 - 1970 of 7104 results for "June 2023"

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
Aussie small caps manager Kinetic Investment Partners is terminating its last-standing retail fund as assets dwindle, but will continue to manage institutional money. Last Friday, investors in the Kinetic Emerging Companies Fund were notified of the ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...

More courses get FASEA approval

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
FASEA has approved applications for the recognition of coursework from the Australian Financial Advisers (AFA) and Stockbrokers and Financial Advisers Association (SAFAA) as part of its education standards for financial advisers. Advisers who have completed ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
"Workin' 9 to 5, what a way to make a livin' Barely gettin' by, it's all takin' and no givin'..." - Dolly Parton The Australian Bureau of Statistics' (ABS) latest update on the growth of wages among the country's workers ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
IOOF's underlying net profit after tax slumped 39% in the first half of FY20 to $56.6 million, following increased governance spending, pricing pressures and divestments. Statutory NPAT was $115 million, buoyed by proceeds from IOOF's sale of Ord Minnett ...

Future Fund property head departs

KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...

AustralianSuper secures corporate mandate

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
Australia's largest super fund is the new default superannuation provider for an ASX 200 company with over 1200 employees. AustralianSuper Select is now the default fund for McMillan Shakespeare Group, effective February 1. McMillan Shakespeare ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
Latest surveys show an improvement in Australian consumer and business confidence despite concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...