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Showing 2831 - 2840 of 10553 results for "BEI"

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
J.P. Morgan will be forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A biotech company backed by AustralianSuper, HESTA, Hostplus and Statewide Super has developed a new preventative treatment shown to reduce COVID-19 levels by up to 96%. The product, INNA-051, is being developed by Ena Respiratory, and works by stimulating ...

Aussie fundie receives global recognition

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
An Australian fund manager has made the best female global fund managers list for the second year in a row. Fidelity International portfolio manager Kate Howitt was ranked 11th on UK publication Citywire's list of the top 30 female fund managers ...

Challenger loses chief financial officer

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Challenger has commenced the search for a chief financial officer after its long-standing executive resigned. Andrew Tobin has provided six months' notice of his resignation after being with the company for over 13 years. He joined in 2007 as deputy ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
After months of delay due to COVID-19, Perpetual MySuper accounts will be transferred to CareSuper on or around 30 October 2020. "We wrote to Perpetual MySuper members in March 2020 to advise of the transfer to CareSuper scheduled for 1 May 2020. Due ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
"We are one, but we are many And from all the lands on earth we come We'll share a dream..." - The Seekers Yes Virginia, we, Australians all, are one in anticipating Christmas to come on October 6 this year - the day when most expect the Reserve ...

Asset allocators not prepared for market complexity: Milestone

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2020
Institutional asset allocators face an increasingly complex investment landscape, but do not have the tools to efficiently implement and manage new strategies, according to Milestone Group. The research found that institutional asset allocators are ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...

Advisers shift to ETFs from active managers: VanEck

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Financial advisers are increasingly using exchange traded funds (ETFs) over concerns about the cost and performance of actively managed funds, according to VanEck. VanEck's fifth annual smart beta survey revealed 87% of advisers use ETFs in client ...