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Showing 2061 - 2070 of 6264 results for "DET"

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
Ho-hum. Financial markets widely expected the Reserve Bank of Australia's (RBA) decision to keep monetary policy settings unchanged at its April meeting especially so soon after announcing a comprehensive accommodation package the month before ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
OneVue is asserting its right to receive payments from the ongoing sale of Sargon's trustee businesses after a recent creditors' meeting. EY is currently running the sales process for the assets of eight Sargon subsidiaries which house its trustee ...

ASIC cancels slew of AFSLs

JAMIE WILLIAMSON  |  FRIDAY, 3 APR 2020
ASIC has cancelled the AFSLs of three firms, including that of former advice dealer group MyPlanner. The regulator has cancelled the Australian financial services licence of the licensee formerly known as MyPlanner Australia. The Gold Coast-based licensee ...

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
It's time to start thinking about recovery and what shape it might take; a U, a V or as some think, maybe even the Nike swoosh tick. Mark Zandi, chief economist at Moody's Analytics, likens his forecast to the Nike swoosh rather than a V- or U-shaped ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
The spread of COVID-19 has seen a dramatic turn in the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity ...

Janus Henderson announces equity team changes

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Janus Henderson has announced the appointment of a new director of centralised equity research. Matthew Peron will take on the role effective April 13 and will be based in the US. Peron will oversee the firm's centralised equity research function and ...