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Showing 3121 - 3130 of 10361 results for "Close"

ASIC releases AFSL approval data

JAMIE WILLIAMSON  |  FRIDAY, 1 MAR 2019
... the 1728 new Australian Financial Services Licence applications ASIC considered last financial year, 758 were approved. Close to 200 AFSLs were cancelled in the same period. Latest statistics from ASIC show that of the 758 approvals, 303 comprised of ...

Saxo appoints chief executive

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
... operational roles at Macquarie Bank and Deutsche Bank in Australia and Hong Kong. He replaces Ben Smoker, who left Saxo after close to three years as chief executive. Smoker joined BT Financial Group in January as a director in the private wealth services ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
... of members with their financial performance - were industry super funds. Catholic Super scored the highest, with UniSuper close by. The two retail funds to make the cut were Macquarie and Colonial First State. Other retail funds AMP, Suncorp and MLC ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... consensus expectations willing it to go down. On its website, the Economy Forecast Agency published a table showing the A$ will close at US$0.6840 by the end of this year. HSBC is more bearish, predicting the Australian dollar would end 2019 at US$0.66. ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... any further rate increases would depend on incoming data and the evolving outlook. We also noted that we would be paying close attention to global economic and financial developments and assessing their implications for the outlook. In January, with ...

AXA IM acquires three Sydney hotels

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... in Sydney's Olympic Park and one in Canberra's CBD as part of a $330 million acquisition. Novotel, Ibis and Pullman sit close to each other at Olympic Park which is home to ANZ Stadium, Qudos Bank Arena and Spotless Stadium. The precinct hosted 5500 ...

Infrastructure fund plans SMSF raise

KANIKA SOOD  |  MONDAY, 25 FEB 2019
A fund that gives SMSFs and HNWs exposure to unlisted infrastructure assets like airports and toll roads is planning to raise $50 million in March. Former Telstra Super head of alternatives Nicole Connolly's Infrastructure Partners Investment Fund ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...

Perpetual thinks outside value investing

KARREN VERGARA  |  THURSDAY, 21 FEB 2019
Perpetual flagged it will broaden its investment strategy outside of value investing following a challenging first-half reporting period. Chief executive and managing director Rob Adams said the firm's investment management division Perpetual Investments ...

Fidelity adds US equities exposure

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Fidelity is eschewing technology-heavy growth areas of the market for value stocks as it increases exposure to US equities in its multi-asset strategies. Fidelity's multi-asset chief investment officer James Bateman said US value stocks are looking ...