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Showing 291 - 300 of 1381 results for "franc"

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
During the AMP annual general meeting chair David Murray defended the pay packet chief executive Francesco De Ferrari and the board continue to take home despite the company's woes. The 2019 AMP remuneration report was rejected by shareholders. ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
AMP will no longer divest its New Zealand wealth management business, after it did not receive any offers that met the company's expectations. It also pointed to the economic and market disruption caused by the COVID-19 pandemic as a reason for ...

Centuria crosses Tasman, acquires stake in NZ manager

ALLY SELBY  |  TUESDAY, 5 MAY 2020
ASX-listed real estate investment manager Centuria Capital has acquired a 19% stake in a New Zealand-based peer, set to fork out up to NZD$23.6 million for the deal. The $7.2 billion firm has agreed to acquire the stake in listed real estate manager ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
Recent indications - slowing rate of infections and deaths -- that the Eurozone has passed the peak of its coronavirus pandemic - has member nations either planning to or have already gently eased lockdown and social distancing restrictions, among them ...

ESG-themed funds fall short of expectations

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
New Morningstar research comparing the carbon emission risk in managed funds has seen some ethical-themed funds missing out on a low carbon designation. A low carbon designation was awarded by Morningstar to funds with a low carbon risk score for their ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
It would have been funny had it not been for the gravity of the circumstances the planet has found itself in these days of the coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
Paul Moore's PM Capital Global Companies was the worst performing global equities fund in the March quarter in Morningstar's universe, while a Stewart Investors fund came out on top. In the March quarter, while the local S&P/ASX Small Ords Total Return ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
Fiducian Financial Services has acquired a financial advice business with $56 million in funds under advice. The unnamed advice business is located in Gippsland, Victoria and will see Fiducian's offices in Sale and Traralgon merge. The acquisition is ...