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Showing 2601 - 2610 of 10361 results for "Close"

BetaShares launches new ETF

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
... the fund's diversification and defensive benefits. "Given that yields on many short-maturity sovereign bonds are currently close to zero, it is primarily bonds with a longer term to maturity that are more sensitive to interest rate movements," BetaShares ...

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
Easing of central bank monetary policy settings helped equity markets rebound and economies to recover from the "Great Recession" wrought by the Global Financial Crisis of 2009. Easing - this time, of social distancing and lockdown restrictions (implemented ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... the necessary timeframe and 18 funds did so for 98% of requests. AustralianSuper paid out 99,350 members to the tune of close to $764 million. About 98.9% of these were processed within five days. Hostplus received close to 127,500 applications, paid ...

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
Suncorp is again searching for a new banking and wealth chief executive, after the incumbent lasted just three months. Lee Hatton will leave the Queensland bank at the end of the month, bringing her tenure as chief executive of Suncorp's banking and ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
The government has deferred the implementation of Royal Commission recommendations by six months. The amended timetable sees measures the government was committed to deliver by June 30 set to arrive by December, and measures scheduled for December now ...

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
It's business as usual at Flinders Investment Partners, after its multi-boutique partner Prodigy decided to shut in March. On March 18, Steve Tucker's Prodigy Investment Partners closed its doors after about six years of operation, after its ...

AMP Capital ups jail stake

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
AMP Capital has taken a majority stake in a New Zealand corrections centre, boosting the firm's social infrastructure holdings. The Auckland South Corrections Facility (ASCF) is now 70% owned by AMP Capital, after it acquired a further 30% of the facility ...

Kiwi investment firm nabs Aussie talent

ALLY SELBY  |  FRIDAY, 8 MAY 2020
... said the move was another major milestone for the investment and advisory firm. "Throughout Jarden's history we've forged close relationships with great people and leaders within Australia's financial and business community, based on our commitment to ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday ...

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... prior to the crisis, but now that markets have re-priced, they were looking much more attractive, he said. Investors can get close to 2% yield on investment grade corporate bonds, which compared to term deposits and "high interest" bank accounts, looks ...