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Showing 311 - 320 of 1398 results for "franc"

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 ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

Fiducian grows adviser network

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Fiducian Financial Services has added three new advisers to its national financial planning network, taking its total to 74. The company said it has continued to grow, opening two new franchises at the end of 2019 with three more set to open this month. ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
Industry groups want the government to make fast, cheap financial advice possible for those impacted by the COVID-19 downturn - especially when it comes to early access to super. The Regulatory Burden Taskforce - comprised of the Financial Planning ...