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Showing 581 - 590 of 2179 results for "In March"

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... has seen the industry lose $3.4 billion in just five years. However, the intervention was put on hold due to COVID-19 in March. Since December, APRA said life insurers and friendly societies have lost a further $1.4 million due to the sale of individual ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... MySuper accounts will be transferred to CareSuper on or around 30 October 2020. "We wrote to Perpetual MySuper members in March 2020 to advise of the transfer to CareSuper scheduled for 1 May 2020. Due to market volatility and uncertainty caused by COVID-19 ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... since 2019 - notes that some countries are reporting more cases now than they did during the peak pandemic (sometime in March/April), prompting the re-imposition of some restrictions. When it left, you left too. The impact on the economy is already captured ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... stock since last year, including at as high as 44 cents a share in August 2019 and at the much lower 11 cents a share in March. By mid-June they owned 14.96% of OVH stock. They have continued to buy more since IRESS's June 1 offer, and had an 18.25% ...

AXA IM country head exits

KARREN VERGARA  |  MONDAY, 28 SEP 2020
... helped establish AXA IM as both an institutional and wholesale manager in this wonderfully competitive market," he said. In March this year, the firm announced a shakeup of its asset management business, splitting it into: AXA IM Core and AXA IM Alts. ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... before and some during the COVID-19 pandemic. Notable transactions include Virgin Australia's $250 million B-rated issue in March 2019, a $2.5 billion AAA-rated issue from the Treasury Corporation Victoria in March 2019, the Commonwealth Government's ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... Capital. In July, AMP took the AMP Capital Ethical Leaders Balanced Fund off its own investment menus for AMP super members. In March, the fund had just under $1 billion in funds under management. A performance update from June says the fund size is ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... to cut the cash rate and other key policy rates at its October board meeting..." "The theme is likely to be, as we saw in March, a Team Australia moment where the Reserve Bank is directly supporting a bold Federal Budget..." "The prospect of the RBA ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... satisfaction results are often reliant on the performance of the Australian share-markets which dropped significantly in March but have since been stable for nearly four months.

Lifespan adds MDAs to BT Panorama

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... separately managed accounts (SMAs) at $28.06 billion. ASIC was expected to put out a consultation paper on MDAs last year but in March this year, said it had been delayed as it recalibrated regulatory priorities to focus on COVID-19. The regulator was ...