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What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
As we farewell a year that many will be glad to see the back of, check out Financial Standard 's most read stories for 2020. The COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and ...

Super fund shuffles team, investment chief steps down

ELIZABETH MCARTHUR  |  THURSDAY, 17 DEC 2020
... in its annual FS Managed Accounts journal publication. Barlow-Bolt joins from Australian Unity where she was executive general manager, investments for four years. Investment committee chair Lee Brennan has been reappointed, as has Tim Macready as a ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... participate in its programs. This figure dropped to $2.1 million and $1.3 million in subsequent financial years. CBA executive general manager of customer service network Mark Jones said the payments the bank makes to schools are not linked to the number ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... Institute found that those employed in the gig economy, for example in meal delivery services, are more likely than the general population to be young, have lower level of affluence, be students or be formerly unemployed. Work in the gig economy is also ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
The prudential regulator has confirmed it will be monitoring the return of deposits by Xinja Bank as it ceases to operate as an authorised deposit-taking institution (ADI). Xinja made the decision to withdraw its transaction and savings account products ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... would be surprising and un-Chinese for China not to heed the prescriptions of one of its famous son, Sun Tzu - a military general and the author of 'The Art of War'. China's in the midst of that "convincing" as I type, by giving another twist to the ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
Fund managers reaped $211 million in revenue from listing their strategies in ASX's ETF marketplace in the year to September, with BetaShares taking the biggest slice. BetaShares came out on the top, ringing up $46.8 million in revenue (or a 22% ...

QIC hires investment director

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... Infrastructure Portfolio, which was previously managed by Ross Israel and Matina Papathanasiou; and Melissa Schulz as a general manager, sustainability to its global real estate executive committee. QIC is the 235th largest asset manager in the world ...