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Showing 541 - 550 of 2179 results for "In March"

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... away from annual increases and provide a more consistent levy to reflect the capacity of the industry. ASIC predicted in March 2019 that the levy would be $907 but when the invoice was issued it had risen to $1142. Meanwhile, ASIC predicted in March ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... during 2019 and 2020 based on representations that funds invested would be fully secured, when they were not, ASIC said. In March 2020, M101 Nominees stopped repaying funds to investors and then it froze interest payments to investors from June 2020. ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... negative return (-0.9%). The last time this happened was in FY09 when it returned -5.1%. In 2020, Future Fund returned -3.4% in March quarter, -0.7% in June quarter, 1.1% in September quarter and 4.9% in December quarter. The main fund increased its ...

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
... year-on-year increase in industrial production in December 2020 - a sharp improvement from the 1.1% contraction recorded in March last year. Rising industrial production equals rising industrial demand. According to mining.com: "The country produced ...

AIA progresses with acquisition

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
... the last step in the acquisition following the Federal Court of Australia's consideration of the scheme at a hearing in March 2021. In September last year, Commonwealth Bank (CBA) received a payment of approximately $450 million for the sale of CommInsure ...

Platinum's lead PM for Asia fund departs

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... Asia ex Japan Net Index in A$). On a two-year basis it is 6.8% above the benchmark, and 1.7% above it since inception in March 2003. For FY20, Platinum Asset Management reported total revenue was $298.7 million (0.2% lower than previous year) while net ...

Jablko exits ANZ

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... the role of chief financial officer at ANZ for over four years and was appointed director of ANZ New Zealand Limited in March 2018. Transurban has appointed Jablko as its chief financial officer from 2021, based in Melbourne. "It was an incredibly tough ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... global financial markets took its toll on some of Australia's largest superannuation funds, with Rainmaker analysis in March showing the likes of AustralianSuper, First State Super (now Aware Super) and QSuper took a hit. Cumulative return data of ...

Firetrail dips toes in global equities

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... Standard understands. The boutique was launched by Macquarie Investment Management's long/short team led by Patrick Hodgens in March 2018, and now has 16 investors and $5.4 billion in total assets. In February it added an Aussie small caps fund to its ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
... A longstanding MLC Life executive has been appointed to lead Integrity Life, following the retirement of Chris Powell in March. Integrity Life has named Sean McCormack as its new chief executive, just months after he was promoted to the role of chief ...