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Showing 2611 - 2620 of 10361 results for "Close"

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
SMSF platform Class found itself in a fairly unique predicament recently after acquiring a business in another state only for the borders to be closed as a result of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based ...

SMSF Association appoints deputy chief executive

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... tailored to client needs," Bourguignon said. "We wish Peter all the best in his new role and look forward to continuing our close relationship with him and the association in the future. "Having established our business in the market over the past few ...

Former licensee head in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
... appointment of Cristian Zanetti as head of advice experience centre, Sydney and central advice. He joins from AMP where he spent close to 15 years, most recently as head of AMP Advice - NSW/ACT. He was previously head of financial planning, AMP Horiz ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... bleeding of the ASX, when reported last month. Average returns in March were -9% across the 15 funds, while the ASX fell by close to 30%. While not naming names, the analysis showed returns across the 15 funds ranged from -5.4% to -12.6% during March ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... said. "We have appreciated the significant efforts and professionalism of FIRB to expedite the transaction and preserve close to 100 Australian jobs. It is pleasing that our intentions to protect and steward the Sargon businesses have also been recognised ...

HESTA announces three GM appointments

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
The $50 billion industry fund appointed a new general manager for investment risk, while also announcing two internal leadership changes. HESTA has hired Matt Cameron as general manager - investment risk, while current employees Katrina Waghorne is ...

Pinnacle adds new boutique

KANIKA SOOD  |  MONDAY, 4 MAY 2020
Ian Macoun's multi-boutique house has added an emerging markets boutique led by former Stewart Investors and Fidelity managers. London-based Aikya Investment Management will invest in emerging markets equities, and is Pinnacle's first Europe-based ...

Hedge fund with zero correlation to equities to launch

ALLY SELBY  |  MONDAY, 4 MAY 2020
... institutional investors. NN 2 Capital is managed by two industry veterans, Gary Norden and Nam Nguyen, and is designed to have close to zero correlation to equities. Norden has 30 years of derivatives trading experience, while Nguyen has 20 years' experience ...

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... average time for members to be paid after approval being just 1.6 business days. Hostplus told Financial Standard as at close of business on Friday, 24 April 2020, it had received 84,613 claims under the ERS scheme. The fund has paid out a total of $603 ...

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
APRA has released the first Early Release Super (ERS) figures, showing $1.3 billion has been paid to members in the first week of the scheme. Under APRA's Early Release Initiative (ERI) data collection, superannuation trustees were asked to submit data ...