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Showing 331 - 340 of 1038 results for "ARI"

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
HESTA will reduce the absolute carbon emissions in its investment portfolios by 33% by 2030 and will move to net zero by 2050. The $52 billion industry superannuation fund will implement a Climate Change Transition Plan (CCTP) that seeks to effectively ...

VanEck makes case for equal weight investing

ALLY SELBY  |  THURSDAY, 18 JUN 2020
The $50 billion exchange traded funds issuer has made the case for equal weight investing, arguing a skewed exposure towards smaller stocks can outperform during periods of market recovery. In its new research paper The road to recovery, VanEck examines ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
Wall Street is down! Repeat, Wall Street is down! At the close of last night's trading activity all US benchmark equity indices closed sharply lower: Dow (6.9%), S&P 500 (5. 9%), Nasdaq (5.3%), Russell 2000 (7.6%). Financial market wire and web ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
An investment manager overseeing more than $481 billion in assets is set to provide Australian investors with access to its multi-strategy fund specialising in diversified alternatives. Janus Henderson is rolling out its Global Multi-Strategy Fund in ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding. Zurich said it has made a $1.4 million donation from the Z Zurich Foundation to help local community programs respond to increased demand. Zurich ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
While it is clear it will take some time for the world to return to what it once was, the focus is now on recovery and what the post-pandemic world will look like. Kyle Loades, chair of the Australian Transformation and Turnaround Association (AusTTA) ...