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Showing 2681 - 2690 of 8591 results for "SIM"

Hedge funds rally in April, but YTD still bleed red

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
New data has revealed that hedge funds around the globe staged a recovery in April, with a positive aggregate return of more than 5%. It follows a disappointing March, with almost all the hedge funds tracked by a global database and analytics tool in ...

South Australian wealth firms merge

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
An Adelaide wealth advisory and accounting practice has acquired a private wealth firm that was named the Financial Planning Association of Australia's Professional Practice of the Year in 2018. Perks is expanding its Perks Private Wealth business after ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

BetaShares launches new ETF

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
BetaShares has announced the launch of a new ETF that gives investors access to long-dated sovereign bonds issues by some of the world's largest developed economies. The BetaShares Global Government Bond 20+ Year ETF - Currency Hedged (GGOV) aims to ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
APRA has released fund-level data showing the progress of the early release of super scheme, with 96% of requests being met within five business days. However, several funds have taken far longer. APRA's figures to May 3 show 830,000 payments were ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
"Happiness equals reality minus expectations". Tom Magliozzi's famous five words appear to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell ...

Superannuation fund appoints co-founder

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
Future Super has promoted Kirstin Hunter to co-founder, with responsibility for the business' strategy and growth. Hunter has worked with the fund for over three years starting as the chief operations officer in 2018 and moving up to managing director ...

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 ...