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Showing 2191 - 2200 of 10710 results for "May 19"

Mary Manning exits Ellerston Capital

KANIKA SOOD  |  MONDAY, 28 JUN 2021
Ellerston Capital's portfolio manager for Asia strategies Mary Manning has resigned, and will join another boutique. Manning was the portfolio manager of the Ellerston Asia Growth Fund, which invested in Asia ex-Japan stocks and returned 1.3% over ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
The upward revision to Japan's March quarter GDP growth - to an annualised rate of 3.9% (from the preliminary estimate of 5.1%) - provides cold comfort to an economy that remains stuck in a rut and continues to reel from the coronavirus pandemic. ...

Hostplus, Intrust merger now official

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
The two funds have confirmed they have signed a successor fund transfer deed to chase a merger, as first revealed by Financial Standard on May 21. Hostplus and Intrust Super are targeting a completion of the merger by November 26. It is understood that ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... inflation is certainly headed higher. Headline CPI inflation accelerated from an annual rate of 1.5% in April to 2.1% in May - above the 2% target and the 1.8% rate predicted in the May Report. Likewise, core inflation quickened from 1.3% to 2.0%. But ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
The Finance Sector Union is petitioning for paid vaccination leave, saying employers can help ensure the community is safe from COVID-19. So, who is and who isn't on board? The FSU is calling for two days of paid leave to be offered to employees ...

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The 11 financial advice and accounting firms CountPlus has acquired this financial year are anticipated to bring in $9.4 million in revenue. In an operational update to the ASX, CountPlus managing director and chief executive Matthew Rowe said the group ...

Cbus invests in NHFIC issues

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
Cbus Super has invested $51 million in two recent funding rounds from the National Housing Finance and Investment Corporation (NHFIC), taking the fund's total allocation to social and affordable housing to about $140 million. Cbus invested $10 million ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... imports that was outpaced by an 11% surged in exports over the month led by a $2.3 billion (16%) jump in shipments to China in May - dwarfing the increase in exports to Hong Kong ($622 million) and Singapore ($133 million) combined. Exports to Japan ...

NZ Super Fund hires asset allocation head

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
The Guardians of NZ Superannuation promoted a senior investment strategist to head of asset allocation. Charles Hyde joined the Guardians in 2015 and has since chaired a risk budgeting team and been involved in the 2020 review of the reference portfolio ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to work to a new group definition. The group proceedings were filed by Diana Tyrrell and Edward ...