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Showing 3481 - 3490 of 14212 results for "Interest"

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... time representations were made to them and that there was no real prospect of Arion repaying the invested amounts or the interest. He also faces three further charges of acting in the management of corporations (MOGS Pty Ltd, Sleipner Financial Pty Ltd ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... The firm said Northern Trust's appointment follows a review of its external fund managers for the international fixed interest asset class, taking into consideration three key factors: added value expectations, integration of ESG factors and climate ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... recession. The economy grew by 1.9% in the September quarter after contracting by 1.3% in the March quarter and 3.2% in June. Interest rate cuts - Bank of Korea cut interest rates from 1.25% at the start of 2020 to a record low 0.5% -- and a total of ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
ASX-listed firm 360 Capital Group is proposing to takeover Evans Dixon shortly after its founder and managing director joined the embattled firm. The firm announced it wants to acquire Evans Dixon (ED1) via an off-market takeover, taking its 19.55% ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... excluding PEXA of $3.80 per share, Link wrote in an update to shareholders. This includes the ability to take the indirect interest in Link's PEXA holding in a structure that remains unchanged from the proposal, it said. Link recently rejected the ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
The wholesale vehicle of a $3.3 billion concentrated equities strategy managed by Perpetual's Paul Skamvougeras was downgraded to bronze at Morningstar. The Perpetual Wholesale Concentrated Growth Equity Fund invests in 20 to 45 Australian stocks, chosen ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
ASIC deputy chair Daniel Crennan has resigned following revelations his remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... Shipton said. "At all times during consideration of this matter I have been mindful of the need to avoid any conflict of interest... deputy chair Crennan has taken the same approach." He added that action should have been taken sooner to rectify the ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
AustralianSuper is the latest casualty in Morningstar's ratings rejig, as three options with nearly 86% of its total $180 billion slide to the lowest analyst rating of "bronze". The superannuation fund's $135 billion balanced option, $13.5 billion high ...

Remote exams offered to Melbourne advisers

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
The Financial Adviser Standards and Ethics Authority is providing remote-sitting options for financial advisers in Melbourne affected by COVID-19 restrictions. Financial advisers sitting the November exam will be affected. FASEA advised those who registered ...