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Showing 2351 - 2360 of 7147 results for "June 1990"

Fund managers embrace China exposure: Zenith

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
More fund managers are increasing their exposures to Chinese equities thanks to major indices that began offering China A-Shares last year. This is according Zenith's analysis of emerging market fund managers it rated, which increased their average ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
AustralianSuper members will pay 50% more in administration fees from 30 March 2019. Current admin fees of $1.50 will rise to $2.25 a week or an additional $39 per year. It is the $140 billion super fund's first fee increase since January 2009. ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

Advice dealer group seeks ASX listing

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
A financial advice dealer group is looking to list on the ASX this year, kicking off a $10 million IPO to make it happen. AD Capital Group has set its sights on listing later this year as part of an ongoing strategy to become one of Australia's ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation. Stakeholders have until 28 February 2019 to make submissions on two proposed bills - the tax and regulatory component, and related explanatory ...

AFSL to begin independent review

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
ASIC ordered that an Australian Financial Services Licensee appoint an independent expert to review the implementation of its compliance framework. The regulator said it is concerned with the adequacy and effectiveness of Kaz Capital's compliance framework ...

Boutique shuts down fund

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
Premier Asset Management has wound up a 17-year-old retail fund with about $35 million in assets under management. The Premier Global Select Fund had about 90% of its assets invested in exchange traded funds (ETFs) while the remaining 10% were a mix ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity. The (dis)United Kingdom's Prime Minister Theresa May and her proposed Brexit deal lost big time in the House of Commons by a record 230 ...