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Showing 4471 - 4480 of 20552 results for "BEN"

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

AMP launches new managed portfolios

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
AMP is launching a new range of managed portfolios, available on its flagship MyNorth platform. The actively managed IndexPlus range blends a low fee with low-turnover index-based investments, AMP said. The range includes five products with varying ...

Adviser salaries unchanged: Research

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
The latest insights from Kaizen Recruitment show the benchmark salaries for financial advisers and paraplanners remain as they were in early 2019. The recruitment firm found that senior financial advisers with more than 10 years of experience can expect ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo. The agreement ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
"I see dead people." - The Sixth Sense Coronavirus conspiracy theorists and/or "sovereigns"-- those who refuse to obey government advice and/or restrictions for one reason/cause/principle or another - are getting a bad rap lately. Correction, they've ...

Canadian pension fund pursues global growth

JAMIE WILLIAMSON  |  MONDAY, 3 AUG 2020
One of Canada's biggest pension funds is restructuring to better position itself for international opportunities, including in the Asia Pacific region. Caisse de depot et placement du Quebec (CDPQ) is shifting to an integrated structure for international ...

GQG Partners wins $20m mandate

KANIKA SOOD  |  MONDAY, 3 AUG 2020
A Sydney advice firm has allocated $20 million for global equities to Florida-headquartered GQG Partners. PlayfairTan investment director Darren Cunneen said GQG's global equity strategy had a strong track record, is competitively priced and benchmark ...

Invesco inks ESG plan

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
Invesco is setting out its ESG framework in line with the Task Force on Climate-related Disclosures (TCFD) framework in its inaugural climate change report. The US$1 trillion fund manager signed the Statement of Support for the TCFD in March 2019, aiming ...

First State Super, CEFC back new bond

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
BNP Paribas has issued a $140 million green bond linked to the newly launched Australian Climate Transition Index, subscribed by the Clean Energy Finance Corporation (CEFC) and First State Super. The Australian Climate Transition Index (also known as ...