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Showing 2981 - 2990 of 14212 results for "Interest"

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... under a change of policy. "As constraints on foreign participation in China's markets abate, we expect a wave of renewed interest from offshore institutional investors," he said. "The licence also closely follows the removal of quotas and expansion of ...

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... informed about the underlying issues at Clime. It appears that the extraordinary general meeting was called not in the best interest of shareholders but for very personal reasons. It was embarrassing that the chair at the meeting, John Abernethy, refused ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis points for the April 2024 Australian government ...

Acquisition to create APAC real assets heavyweight

JAMIE WILLIAMSON  |  FRIDAY, 6 AUG 2021
... deputy chair John Lim will join ESR's board, and all ARA Asset Management shareholders will rollover their ownership interest into ESR. Completion of the deal is expected at the end of this year or beginning of next. ARA Asset Management's subsidiary ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard. While the the corporate regulator did not identify significant failures ...

Six Park lowers minimum investment to $2k

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... difficult," he said. "We expect to see the enthusiasm Australians have for investing to continue - especially with low interest rates and an increasingly inaccessible property market - and as an industry, it's important we respond to that and recognise ...

Clime wants director removed

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... from the close of this meeting." Schafer urged shareholders to question the EGM and if removing him is in their best interest given the contributions he's made over the years.

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
ASIC banned two Gold Coast-based financial advisers for five years after they were found to have placed clients in inappropriate superannuation and insurance products. The corporate regulator believes Trent Allan and Fabrizio Urrutia were not adequately ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...