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| | | ... Management has confirmed its Australian head of product and strategy is leaving the firm. Hendrie Koster has held the role for close to three years, which saw him responsible for the overall product function, development and management. In a statement ... |
| | | | The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ... |
| | | | ... Perpetual said. In terms of member dynamics, analysis shows 54% of Perpetual MySuper members are male while 46% are female; close to half of which (42%) are millennials. The fund has an average balance of $30,000 but about 70% of accounts hold less than ... |
| | | | ... in an 'extended' scenario, local growth will slow down to -6% for this year. "The model would suggest that we are close to entering a recession, and it could be very large," said Philip Naylor, one of the consultants who worked on the modeling. ... |
| | | | ... 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 ... |
| | | | "Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ... |
| | | | The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ... |
| | | | ... assets since start of the year. The ASX 200 and S&P 500 had both lost over 20% from the start of the year to yesterday's close, as COVID-19 and economic slowdown sweeps through the world. The market inflows have translated into juicy inflows for ... |
| | | | Ellerston Capital wants to take over as the responsible entity of a $75 million fund managed by Morphic Asset Management, saying it can offer investors a better deal on the fees. The Morphic Global Opportunities Fund invests in global equities and is ... |
| | | | ... responsible entity, Equity Trustees, is considering alternative arrangements for Flinders. Prodigy's two offices will close as well. Prodigy's first boutique was Dalton Street Capital, set up in 2016, by former Credit Suisse heads Alan Sheen ... |
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