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Showing 471 - 480 of 1898 results for "Lendi"

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
"Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
ASIC has commenced civil proceedings in the Federal Court against Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default ...

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
ASIC has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
UniSuper has instructed its custodian to recall all shares currently out on loan indefinitely. The $85 billion super fund has requested BNP Paribas Securities Services to suspend stock lending, effective immediately. UniSuper said restricting the ability ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

PIMCO to manage Allianz Real Estate portfolios

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
The fixed income juggernaut will take over management and oversight of the Allianz Real Estate's $125 billion portfolio, bringing it under its private strategies lineup. PIMCO is owned by Allianz Group and the two have agreed to transition the oversight ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
Shine Lawyers today commenced a new class action against IOOF on behalf of shareholders. Shine Lawyers conducted an investigation into misconduct at IOOF which included obtaining a Federal Court order for IOOF to produce documents relevant to the alleged ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents. George Nowak, director of EJ Property Developments, formerly Charterhill, entered the guilty plea ...