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| | | Herbert Smith Freehills has appointed a new partner to its financial services regulatory practice. Charlotte Henry joins the firm May 18 and will focus on advising clients in regards to Australian banking regulatory matters alongside partners Michael ... |
| | | | In times of extreme volatility, it's more important than ever to ensure proper diversification, but the decisions made now will affect performance once we return to the status quo. Within the allocation to growth and defensive assets, it's crucial to ... |
| | | | The $56 billion super fund has partnered with a New York-based software company to support its strategic investment decisions and funds management. HESTA has selected GoldenSource Nexus to overhaul its investment data management, set to help the super ... |
| | | | Two unlisted funds from Vanguard have had their retail share classes downgraded at Morningstar, with the ratings house bringing attention to the vehicles' higher fees compared to their listed or wholesale versions. The lower-investment-minimum share ... |
| | | | In the first case of its kind in Australia, an AFSL is facing criminal prosecution for mishandling client monies, and has pleaded guilty. Pershing Securities Australia Pty Ltd (PSAL) pleaded guilty at the Downing Centre Local Court in Sydney to mishandling ... |
| | | | Embattled Mayfair 101 is pushing ahead with its plans to develop a tourism attraction at Dunk Island and a luxury hotel and apartment building in Venice, Italy despite COVID-19 throttling the tourism industry. Despite action from ASIC limiting its promotion ... |
| | | | US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ... |
| | | | With global markets rocking one way and the other in the last two months, it's not too far a stretch to imagine investors are feeling a little seasick, or at the least dumbfounded. Despite a recession knocking on the world's door, investors ... |
| | | | At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ... |
| | | | Aussie passive and active equity strategies have been put to the test, with Morningstar assessing how the country's small and large-cap managers have fared during the highs of 2019 and the lows of 2020. The coronavirus crash has renewed debate on ... |
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