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Showing 561 - 570 of 2803 results for "Gold"

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
Investors looking to redeem their fixed interest allocations face deep buy/sell spreads, as poor liquidity forces funds to push them up significantly during COVID-19 volatility. Franklin Templeton, PIMCO, Ardea and Kapstream are some of the managers ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
Mirae Asset Management has hired from Russell Investments to appoint a lead for its wholesale distribution in Australia. Tim Reimers has joined in the Sydney-based role and will work with financial advisers, as Mirae does a hard launch of its strategies ...

Elanor launches new fund

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... healthcare properties, with a combined asset value of $123.3 million. Elanor said the properties, one in Brisbane and one on the Gold Coast, are located in established health precincts and supported by strong anchor tenants. "With Australian healthcare ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... Ultra-high-net-worth investors allocate about 5% of their investment portfolios to collectables, higher than their allocations to gold or precious metals at 3%, according to the Wealth Report Attitudes Survey 2020. The leading asset classes for the rich ...

Suncorp executive exits

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
Suncorp has appointed a new chief information officer as it announces the incumbent will leave the group, effective March 27. Darren Abbruzzese, Suncorp's executive general manager digital, labs and insurance technology, will act as chief information ...

Why Vanguard won't do gold ETFs

KANIKA SOOD  |  THURSDAY, 12 MAR 2020
Australia's largest ETF issuer is wary of adding a gold ETF to its 20-strong lineup, even though one of them cracked $1 billion in assets last year. Vanguard has $20.6 billion and 29 ETFs in Australia, 26 of which are passive strategies and three ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
ASIC has permanently banned the man behind Superfunded, an illegal early access to superannuation scheme in Perth. Mark Goldenberg was chief operating officer, general manager and property analyst of Superfunded. His scheme enabled people to use their ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
... set yet. McCabe has 20 years of experience and was the receiver for the $600 million debenture fund Banksia Securities and Gold Coast mortgage securities fund LM Investments. He has also worked in interim chief executive and chief financial officer roles ...

Vanguard insto head jumps to super fund

KANIKA SOOD  |  FRIDAY, 6 MAR 2020
Vanguard has appointed a new head of institutional, as the incumbent takes a role at a $105 billion industry superannuation fund. Matt Willis is joining First State Super as its head of business development, tasked with overseeing the fund's organic ...