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Showing 561 - 570 of 2024 results for "AMI"

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

ASIC lays out product intervention plans

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
ASIC has explained how it plans to tackle products and distribution linked remuneration structures in the event it believes they will bring about significant consumer detriment. Regulatory guide 272 shows ASIC may use its new powers to order a product ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Rio Tinto has been excluded from two portfolio options of a major industry superannuation fund following its destruction of 46,000 year old Indigenous heritage sites at Juukan Gorge last month. First State Super has dropped Rio Tinto from the diversified ...

HUB24, Pinnacle say goodbye to S&P/ASX 200

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
S&P Dow Jones Indices' overdue rebalance of its Australian indices will see HUB24 and Pinnacle Investment Management kicked out of the ASX200 at the start of trading on June 22, amid nearly 200 changes. The index provider deferred its quarterly rebalance ...

COVID-19 inspires pump and dump scheme

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
A Californian penny stock trader is in trouble with the law after he claimed a company he was trading stocks in had developed a special COVID-19 test. The US Securities and Exchange Commission (SEC) has filed a complaint against Jason Neilson, saying ...

Sustainable dividend stocks offer yield opportunities: Report

ELIZA BAVIN  |  FRIDAY, 5 JUN 2020
Sustainable dividend stocks may offer equity exposure and yield with some insulation from price fluctuations, according to QS Investors. In its latest investment insight note, QS Investors, a Legg Mason affiliate, said it is critical to consider valuations ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
An investment manager overseeing more than $481 billion in assets is set to provide Australian investors with access to its multi-strategy fund specialising in diversified alternatives. Janus Henderson is rolling out its Global Multi-Strategy Fund in ...

Newgate fund starts new life

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund. Starting July 1, the fund will be folded into the Sanlam Real Assets ...

Advice job market not all doom and gloom

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
There are some bright spots in the market for financial advice jobs, according to Kaizen Recruitment, despite over 1000 advisers leaving the industry since the start of 2020 and only about 50 joining. "The implementation of restructures and exits announced ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...