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Showing 201 - 210 of 1305 results for "Surprise"

David Atkin joins ME Bank board

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... years during which it went from being a $12 billion fund to holding $57 billion in assets under management. He tendered a surprise resignation in January 2020. On 2 December 2020, AMP Capital announced it had hired Atkin as deputy chief executive with ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... Macdonald said. "We knew there were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise that they would be the biggest. There was another smaller group that were allowed to go and join other licensees." He explained ...

Aussies lost money due to lack of advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Despite Australia living up to its reputation as a lucky country during the COVID-19 pandemic, Australians' investments took a bigger hit than their international counterparts - likely due to a lack of financial advice. New research from PIMCO surveyed ...

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... years during which it went from being a $12 billion fund to holding $57 billion in assets under management. He tendered a surprise resignation in January this year. "AMP Capital is a high-quality asset management business, which has earnt the respect ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... the underlying direction in business investment is down. So it was. The September quarter capex report offered little surprise. Here's the headline take from the ABS' September 2020 quarter report: - Total new capital expenditure fell by -3.0% ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... success over containing the second wave and the consequent relaxation of restrictions and re-opening of state borders; the surprise jump in employment in October, punctuated by significant increases in both full-time and part-time jobs; and, the surging ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Many retirees are missing out on additional income because their Australian equity portfolios do not take advantage of the taxation system, according to Plato Investment Management. Plato portfolio manager Peter Gardner said, with interest rates at ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't be a surprise to find Prime Minister Scott Morrison, Federal Treasurer Josh Frydenberg and Reserve Bank of Australia chief Philip Lowe ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... labour market numbers released by the ABS. The ABS reported that 178,800 workers found employment in October - a pleasant surprise to markets that were expecting total jobs numbers to drop by 40,000 over the month in response to the government's ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
The review of competition in the Australian funds management industry is officially underway between the corporate regulator and Deloitte Access Economics. ASIC acting chair Karen Chester said the review seeks to identify where "competition is effective ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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