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Showing 521 - 530 of 2730 results for "BEA"

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
The $565 billion pension fund is on the hunt for a new investment chief following the resignation of Yu (Ben) Meng. Meng was appointed to the lead investments role in January 2019 and, last financial year, achieved a return of 4.7% - beating its 4.3% ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
Four Vanguard funds totaling $17 billion in funds under management had their ratings slashed at Morningstar this week, as they had their first review under the ratings house's new methodology. The Vanguard Growth Index Fund ($5.6 billion), the Vanguard ...

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 ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... doing its rounds around the world and... assuming that that 9.5% is the number by which the US Bureau of Economic Analysis (BEA) normally and traditionally reports the economy's scorecard - annualising the quarter on quarter growth rate. No it is ...

Sydney boutique expands team

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
A global equities boutique started by Evans & Partners' former head of international equities has added two members to its investment team. Aoris Investment Management was established by Stephen Arnold in 2017. It runs a concentrated portfolio of ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
The difference between Australia and China, my friends, is there are no selfish, stupid "Karens" in China. None that compare to the one in the state of Victoria that has now gone viral, protesting against the mandatory wearing of face masks. Let's ...

Boutique appoints chief operating officer

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A Melbourne boutique has hired a new chief operating officer, who has previously worked in similar roles at Perennial and Prodigy. Lewis Bearman is joining Blue Orbit Asset Management in the newly-created role effective August 4. Bearman was most recently ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ...