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Search ResultsShowing 31 - 40 of 100+ results for "July"
Pension funds sue Allianz Global Investors
KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension fund to file a complaint in July, alleging that Allianz GI failed its stewardship over the now-defunct Structured Alpha Funds portfolio. Now, the Teamster ...
Chief economist update: The W in the second wave
BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... recovery in advanced economies. The sharp recovery in the IHS Markit Eurozone composite PMI to a level indicating expansion in July (54.9) from the record low reading of 13.6 in April gave substance to both institutions' forecasts. Summer has ended. ...
Group risk inflows fall 15%
ALLY SELBY  |  MONDAY, 28 SEP 2020
... June, with fresh legislation to blame. This includes the 'Protecting Your Super' legislation, which came into effect on 1 July 2019 (to protect super savings from unnecessary erosion by fees and insurance costs) and the 'Putting Member's Interests First' ...
BlackRock clamps down on work romances
KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... board of Alberta Investment Management and is a senior adviser at Boston Consulting Group. He joined the organisations in July this year. Wiseman is married to Marcia Moffat, the chief executive of BlackRock Asset Management Canada. A few months earlier ...
Japanese bank makes major voting blunder
ALLY SELBY  |  FRIDAY, 25 SEP 2020
... miscount after its client Toshiba Corporation called for an investigation into a voting bungle at its shareholder meeting in July. The bank had outsourced its tallying operations to its equity-method affiliate Japan Stockholders Data Service Company ...
Need to recalibrate the fiscal strategy: Frydenberg
ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... occur during downturns against profits in future years, lowering the tax they would otherwise pay," Frydenberg said. "In the July Economic and Fiscal Update, we estimated that total receipts as a share of GDP would decline from 25.1% to 24% in 2020-21. ...
Chief economist update: UK's winter of discontent
BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
... more. UK Chancellor of the Exchequer Rishi Sunak has been forced to top up his "A Plan for Jobs" package announced in early July with the unveiling of a six-month "Winter Economic Plan". Chancellor Sunak is yet to reveal the costing for the new "plan" ...
AMP Capital Ethical Leaders loses another mandate
ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... agreement was due to concerns about investment performance and because of recent reports about cultural issues at AMP Capital. In July, AMP took the AMP Capital Ethical Leaders Balanced Fund off its own investment menus for AMP super members. In March ...
Chief economist update: October rate cut?
BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... basis points on September 1. Last but certainly not least, the S&P/ASX 200 index rallied by 2.4% to its highest level since July 21. These are totally rationale reactions to the prospect for cheaper cost of credit. For as the Australian Financial Review ...
817 super complaints during COVID-19
ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... consumer concerns as they arose and to learn any lessons before the second phase of withdrawal requests commenced in early July 2020." He acknowledged that there were fewer complaints about super funds during the second round of early release of super ...
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