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Showing 2671 - 2680 of 10361 results for "Close"

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... report said. "The S&P/ASX 200 recorded its largest ever single-day gain of 7% on the penultimate day of trading and, at the close, is 12% up from its 2020 lows." According to the report the healthcare sector finished Q1 in positive territory, rising ...

Vanguard launches simplified investment platform

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
Vanguard launched a new investment platform designed to simplify the investing experience and provide low-cost access to the firm's most popular products. The global funds management giant's new Vanguard Personal Investor offering will allow Australians ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
New research has revealed the 22 ASX 300 companies - many of which super funds have exposure to - that are polluters and haven't performed well this year. Activist group Market Forces released a new report today, titled Out of line out of time ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
The $16 billion industry superannuation fund has shrugged off its recent administration struggles to become the super fund with the most satisfied members. Latest Roy Morgan research shows CareSuper has the highest current satisfaction rating among ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... industry. The top stories from the week that was can be found below. Industry funds face reality of COVID-19 shutdown With close to or more than half of their members sitting in the millennial age range, the likes of Hostplus, Club Plus and Rest are ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... platform. The deal will see ClearView migrate $1 billion from its WealthSolutions platform to HUB24, however the firm will not close the offering. It will transition to HUB24, rather than operate a fully-outsourced CV-issued platform. As part of the ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... loans, grounded in solid economic fundamentals, to suddenly and sharply decline in value." Barrack - who reportedly has a close relationship with US President Donald Trump - warned that banks, publicly-traded mortgage REITs and other non-bank lenders ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... days, the Dow has lifted 14%, its largest two-day rally since 1987. The surge comes as law makers signal the US Senate is close to passing a US$2 trillion stimulus bill, which will provide financial assistance to unemployed Americans and distressed industries ...