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Showing 431 - 440 of 2003 results for "SID"

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

Perks appoints new director

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
Wealth management firm Perks has appointed a new director to its private wealth division. Nick Connelly has been promoted to the role, having been with Perks since 2008. He was appointed associate director last year. "During his time at Perks, he has ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
AMP is allegedly handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

UBS appoints new sector heads for equities

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
UBS has named new sector heads for its sell-side equities coverage, including a hire from Credit Suisse. Andrew Adams will lead UBS's coverage of insurance and diversified financials. Adams has worked at Credit Suisse for the last 10 years, covering ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation. IOOF announced its Bridges business will be transformed into a fully salaried network, while it ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
The superannuation industry and its investments in unlisted assets will be significant in supporting the growth of the Australian economy, according to the Association of Superannuation Funds of Australia (ASFA). ASFA's new report, The role of the superannuation ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Platinum has appointed a new chair as Michael Cole gets ready to retire after 13 years in the position. The firm also announced the departure of Kerr Neilson from the investment team. Cole will retire both as a non-executive director and the chair on ...

Sales, reporting top buy-side pandemic struggles

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
A June survey of 250 capital markets executives found buy-side firms saw sales and reporting as the biggest challenge during COVID-19,while sell-side firms struggled most with trading and risk functions. FIS, which commissioned Longitude Partners to ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
Asset managers slightly increased their risk tolerance in the second quarter of the year in a bid to ride the equity rally, but risk aversion still remains high. That's according to new research from institutional specialist consultant bfinance, which ...