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Showing 631 - 640 of 3396 results for "ABS"

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
A die-hard Collingwood Magpies fan who, with his wife, scammed friends they met through the football club of over $1 million, has had success at appeal. Douglas Johnston, together with his wife Maureen Johnston, were found by ASIC to have run a dodgy ...

Two ASI executives out the door

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
Aberdeen Standard Investments (ASI) has lost two of its executives with their roles being absorbed by the other team members. Former institutional director Andrew Heyden spent just shy of 15 years at ASI before departing the firm at the end of 2020. ...

Kapstream wins JANA allocation

KANIKA SOOD  |  MONDAY, 8 FEB 2021
The $17 billion Sydney boutique has been appointed to a multi-manager fund from JANA. Kasptream will manage a portion of the JANA Short Maturity Diversified Debt Trust, which JANA offers to its implementation clients. "Kapstream's been fortunate to ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
New Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
Pinnacle Investment Management has reported strong first-half year results thanks to its strategy that has withstood the disruption of COVID-19. Funds under management for the ASX-listed firm grew to $70.5 billion at the end of December 2020 or 14% ...

Lakehouse Capital adds return-to-work appointment

KANIKA SOOD  |  MONDAY, 1 FEB 2021
The $640 million equities manager has temporarily added a former Anacacia Capital investment director to its team, as a part of its its return to work program for professionals returning to the workforce after extended absence. Antonella Petrella is ...

Shipton to leave ASIC

JAMIE WILLIAMSON  |  FRIDAY, 29 JAN 2021
Treasurer Josh Frydenberg has announced ASIC chair James Shipton will leave the regulator in the coming months, despite being cleared by Vivian Thom's review of ASIC Governance. Releasing the review findings today, Frydenberg said he and Shipton ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... medical and hospital services (+2.5%), after private health premiums increased on October 1 following a six-month freeze," ABS head of price statistics Michelle Marquardt said. Electricity prices dropped by 7.5% over the quarter "after the WA Household ...

Future Super chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The chief executive and co-founder of $1 billion ethical retail fund Future Super will depart at the end of February. Kirstin Hunter, who has been with the fund for four years, has announced she will be leaving despite recent promotions. Hunter joined ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." The Australian Bureau of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. Though the monthly addition ...