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Showing 311 - 320 of 1413 results for "ROA"

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
Talk about perfect timing. The US Bureau of Labor Statistics' (BLS) disappointing update on the state of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress ...

Waste key to economic recovery: CSIRO

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
The CSIRO has published a roadmap to economic recovery finding innovation in Australia's waste management space could triple job creation. The National Circular Economy Roadmap suggested the key strategy for creating jobs and reclaiming billions ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

First Sentier launches infrastructure fund

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally. The First Sentier American Listed Infrastructure Fund (FLIAX) aims to achieve income and capital growth by investing in a diversified portfolio of up to ...

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
The platform has appointed the founder of Macquarie Wrap as chair and HUB24 co-founder as executive director. Neil Roderick spent 14 years at Macquarie Bank where he was responsible for establishing Macquarie Wrap, the Professional Series, and retail ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
The Arowana Contrarian Value Fund (CVF) is in the process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...

Jablko exits ANZ

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
ANZ's chief financial officer has left the financial services industry to join toll-road operator Transurban. Michelle Jablko held the role of chief financial officer at ANZ for over four years and was appointed director of ANZ New Zealand Limited ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
Australia has been given the lowest grade by a research house for being the only mutual fund market in the world that does not have regulated portfolio holdings disclosure. Morningstar's biannual Global Investor Experience (GIE) report gave Australia ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...