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Showing 551 - 560 of 2731 results for "BEA"

Gold holding onto Fibonacci resistance: Daily FX

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
As gold continues to be a highly sought safe haven during ongoing market concerns, gold prices are an indication the precious metal is the most overbought since 2011, according to Daily FX analysis. James Stanley, strategist at Daily FX, said the price ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme ...

ASIC bans Linchpin directors

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
ASIC first banned the three from providing any financial services for a period of five years in November 2019 but they appealed the decision. They applied for a stay of the decision and a confidentiality order preventing ASIC from publishing information ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics ...

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
Ares Management LLC, which has a joint venture with Challenger's Fidante Partners in Australia via a related company, has paid US$1 million to settle charges alleging it traded in a portfolio company based on non-public information while an employee ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
The shock of the COVID-19 pandemic, which has now claimed more than 350,400 lives and will likely cost the global economy $1 trillion, has set off a chain reaction that will forever change our long-term return expectations and strategic allocations. ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
It had only been two months (three at most) when the coronavirus started infecting and slaying citizens of planet Earth. Under house arrest and in solitary confinement - forced upon society by social distancing measures and lockdown restrictions - it ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
In a new report, the Finance Sector Union has delved into how the industry's "capitalist ethics" violate the ethical integrity of workers. The report was commissioned by the FSU and completed by the Religion and Social Policy Network of the University ...