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Showing 211 - 220 of 516 results for "ASX/S"

Retirement planning gets a recession check

KANIKA SOOD  |  MONDAY, 29 OCT 2018
As talks about a global recession grow louder, financial advisers and investors are repositioning their clients' nest eggs against a market crash or an economic slowdown. In the past fortnight, a JPMorgan quantitative model predicted a 60% chance ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
Self-managed superannuation funds increased allocations to international equities by 30% in the first half of 2018, as well as upped exposure to listed investment companies and trusts in a bid to reach new markets. According to the latest Commsec SMSF ...

Sydney asset manager hires director

KANIKA SOOD  |  TUESDAY, 10 JUL 2018
A $5.3 billion global manager which acts as the responsible entity for several ASX-listed funds is seeing a change in its board positions. Walsh & Company Investments director Tristan O'Connell is stepping down to focus on activities in the Evans ...

ASX on the lookout for new CFO

HARRISON WORLEY  |  MONDAY, 18 JUN 2018
A search is underway for a new chief financial officer at the Australian Securities Exchange after the market operator announced the retirement of its long-term CFO. Ramy Aziz' eight-year tenure as the ASX chief financial officer will come to an end ...

Kelly+Partners to build Melbourne presence

ALEX BURKE  |  WEDNESDAY, 16 MAY 2018
Kelly+Partners will open a Melbourne office in July and has appointed two people to lead its private wealth and accounting businesses there. The Melbourne office will be located at 333 Collins Street. The chartered accounting division will be led by ...

Mercer wins super admin mandate

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
The global asset consultant has won a mandate with an industry super fund managing more than $14 billion. Mercer has been appointed by CareSuper as the fund's administration partner, taking responsibility of customer and fund support services from next ...

Link Group loses $15bn industry fund mandate

ALEX BURKE  |  THURSDAY, 10 MAY 2018
As part of its discussions about how the Budget's superannuation reforms will affect business, Link Group said its contract with a $15 billion industry fund will not be renewed. The mandate with CareSuper represents about 1% of Link Group's pro-forma ...

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
IMF Bentham is the latest firm to finance proposed class action proceedings against AMP in light of evidence at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The litigation funding group said it ...

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 ...