Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 231 - 240 of 1308 results for "Surprise"

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Despite the dramatic rebound experienced in financial markets during the second quarter, Eaton Vance believes there are still pockets of opportunity in the emerging market sector. Buoyed by central bank and governmental policy responses around the world ...

Iress executive moves to non-executive roles

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... skills and knowledge within Iress." The software and services provider for financial services firms, on June 1, made a surprise bid to acquire all shares in ASX-listed OneVue for 40 cents a share in cash, which would value the company at about $107 million. ...

Model portfolio growth up 70%

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
... Rainmaker executive director of research, Alex Dunnin. "Of the 1003 unique models, 12% are ETF or indexed based, but the big surprise is that only 2% have been identified as being explicitly ESG (environmental, social and governance) based. "We should ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In fact, according to the Australian Bureau of Statistics (ABS): "Had the increase in the number of people who were not in ...

Is a market turning point around the corner?

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... dot-com bubble," Mitchell said. "With acceleration in technological disruption and hits to business confidence, it's no surprise that today, lower multiple losers are characterised by the more economically sensitive or cyclical parts of the market." ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... remediation when needed, in the event there is no recourse through the adviser," the statement said. "The FPA policy is a surprise and ill-considered given the hard work that the entire advice sector has put in to overcome historic shortfalls brought ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
For the second consecutive month, Australia's MySuper options have generated positive returns, after a couple of negative months due to the COVID-19 pandemic. Latest Rainmaker research shows the average return for MySuper products in May was 2.1%, which ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early release payments should be paid to members by super funds within five business days ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Despite Australia's real estate investment trusts dropping 49% during the COVID-19 sell-off, boutique fund manager SG Hiscock believes now is an opportune time to increase exposures to real estate. Now trading up 45% since their March 23 lows, SG Hiscock ...