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Showing 2211 - 2220 of 6251 results for "December 29"

WA Super names advice GM

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
WA Super has made two promotions, including in its advice business. Quyen Truong moved into the role of WA Super's general manager of advice and distribution in April. She was previously head of advice in the fund's operations management team. Before ...

S&P to remove ASX healthcare firm from index

ALEX BURKE  |  FRIDAY, 4 MAY 2018
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, will be removed from the ASX 200 pending acquisition by a US company. S&P Dow Jones Indices said Sirtex Medical ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
"My fellow Australians, ask not what your country can do for the Australian dollar, ask what the Australian dollar can do for your country." That's me bastardising John F. Kennedy's inaugural address as the 35th US President back in 1961 (before I was ...

Retail unit trusts leaking FUM

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
Retail unit trusts now hold only 47% of the managed funds segment in Australia, down from 75% at the time of GFC, according to new Rainmaker research. The $755 billion managed funds segment in Australia includes retail unit trusts, exchange traded funds ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
The Australian Securities Exchange has given an arrival date for its much-anticipated trade clearing and settlement system that will replace the older CHESS system. The new distributed ledger technology (DLT) will start clearing trades for the ASX about ...

Industry fund adds chair, first female director

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
A $2.1 billion industry superannuation fund appointed a former AMP and ANZ executive as its new chair and welcomed its first female board member. AMIST Super has appointed Greg Camm as independent chair, succeeding long-serving chair Kevin Cottrill ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
History was made when North Korean supremo Kim Jung-un took one step south of the Korean DMZ (demilitarised zone) to shake hands with his southern counterpart, South Korea president Moon Jae-in. An epic in itself, it invalidates Rudyard Kipling's (re-phrased) ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances. Writing in a Switzer Daily column, Switzer said he had mixed feelings about the Commission, arguing ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
The financial markets' response to the Australian Bureau of Statistics' Consumer Price Index report was a big "HO-HUM." With the report released a day before ANZAC Day, the response could have been because market players' thoughts were on something ...