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Showing 2601 - 2610 of 9316 results for "Red"

Chief economist update: V for vaccine

BENJAMIN ONG  |  TUESDAY, 10 NOV 2020
It's beginning to look a lot like Christmas. Encouraging test results for a COVID-19 vaccine developed by Pfizer and BioNTech sent world equity markets from New York to Rio and ol' London town on the up and up and up. Pfizer and BioNTech are ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
MLC Super has introduced a number of management and administration fee changes for a broad range of products that took effect this month. On November 1, management fees were reduced and commissions removed in the Access Pre Select Fund. Also on this ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
... Biden's victory speech offers hope. "I pledge to be a president who seeks not to divide, but to unify. Who doesn't see red and blue states, but a United States...," he said. Democrats, Republicans and independents. Progressives, moderates and ...

Connie McKeage to step back at OneVue

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
OneVue's founder and managing director Connie McKeage will leave the lead role but stay on as a consultant, alongside other executive departures as Iress's $115 million purchase is implemented. OneVue's chief financial officer Ashley Fenton ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
The nation's largest superannuation fund is facing heat for not divulging details of its $11 million marketing expense and how effective that has been in acquiring new members. AustralianSuper chief executive Ian Silk faced the Standing Committee ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
Ares's joint venture with Fidante Partners will launch a second credit fund later this year. The Ares Diversified Credit Fund will use an open-ended structure, similar to Revolution Asset Management's last private debt fund. It will invest in ...

RBA measures not solely due to COVID: Treasury

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
The unconventional monetary policy measures launched by the Reserve Bank of Australia are not solely a result of the COVID-19 shock, Treasury Secretary Steven Kennedy said. Speaking to Australian Business Economists for a post-budget briefing, Kennedy ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
NAB posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 ...

Bendigo closes SmartOptions Super

KARREN VERGARA  |  THURSDAY, 5 NOV 2020
Bendigo and Adelaide Bank has closed its SmartOptions product due to a lack of demand. Bendigo SmartOptions Super (formerly Bendigo Super Plan), which closed on September 26, was established more than 20 years ago. It closed to new members from July ...