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Showing 431 - 440 of 2046 results for "CRA"

ESG crisis returns overcooked: Research

KANIKA SOOD  |  MONDAY, 24 AUG 2020
ESG funds tallied up record inflows and touted better-than-market returns in the COVID-19 downturn but new academic research says there is no evidence that ESG scores contributed anything beyond traditional models. In ESG Didn't Immunize Stocks Against ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...

Presidents don't move markets much: S&P

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
With the US election fast approaching, S&P took a look at how elections typically influence the S&P 500. And, it turns out presidents might not be as influential as Donald Trump would like to think. Looking at data from 1928 to 2016, the S&P 500 rose ...

Morgan Stanley duo establishes advice boutique

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Two former Morgan Stanley financial advisers have started a new private wealth firm focused on HNW and UHNW clients. Craig Emanuel and Tim Whybourne have worked together for 10 years, at UBS and more recently, Morgan Stanley Private Wealth Management. ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
The corporate watchdog has cancelled the registrations of 36 self-managed super fund auditors, while conditions have been imposed on a further six. It comes after ASIC found a number of SMSF auditors had not maintained an appropriate level of audit ...

Alternative assets are the new bonds: JPMAM

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
Core alternative real estate assets are the new bonds, according to J.P. Morgan Asset Management, which said a well-diversified portfolio of core real assets can offer two-three times the income premium of traditional fixed income. Speaking at an online ...

AMP to release Pahari investigation findings

JAMIE WILLIAMSON  |  WEDNESDAY, 19 AUG 2020
The board of AMP will release the full report relating to the sexual harassment complaint made against Boe Pahari in 2017 by Julia Szlakowski. In a statement to the ASX, AMP said it has received consent from Pahari and is in the process of receiving ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
Earlier this month, for the fourth time in its history, Robert Shiller's CAPE ratio - which tracks market value by measuring earnings data over a 10-year period - surpassed 31. Other times Shiller's ratio has exceeded 31 include the months prior ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...