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Showing 631 - 640 of 2179 results for "In March"

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... there are other ethical options available for super members in the investment menu. In the latest fund update, provided in March 2020, the fund was down 11.24% on a one-month basis, 12.42% down on a three-month basis and 4.84% down on a one-year basis. ...

Advice head leaves ANZ

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... said. "There are so many great memories that I will take away. I have also made lifelong friendships along the way." In March 2020 ANZ told staff it would cut 230 jobs from its private bank and financial advice businesses. Caulfield thanked everyone ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... in certain coronavirus hotspots. The first wave has already sent Australia's unemployment rate surging from 5.2% in March to 6.4% in April to 7.1% in May - and according to the Australian Bureau of Statistics (ABS), had it not been for the decline ...

Mirae drops fees on Asian equities funds

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
... that are managed by a Hong Kong-based team: the Asia Sector Leaders Equity Fund and Asia Great Consumer Equity Fund. In March, it hired Tim Reimers from Russell Investments to lead its wholesale distribution in Australia.

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... stimulus package in efforts to lessen the toll on the newly-unemployed - the unemployment rate jumped a 50-year low of 3.5% in March to a record high of 14.7% the following month - and companies forced into lockdown. Meanwhile, the Fed took interest ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... the support available to them if they're experiencing financial difficulty." Since the virus was declared a pandemic in March, AFCA said it received 4773 complaints relating to COVID-19. There were 791 COVID-19 complaints about superannuation, accounting ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... Street Capital as its first client when the latter's old distribution partner, Prodigy Investment Partners shut down in March. Equity Trustees had decided to wind up Dalton's funds but Mantis was able to convince it to reverse its decision. Since ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... spent so far. But it is needed to lower the unemployment rate - which stood at 7.1% in May after climbing up from 5.2% in March - Grattan says. Grattan says the extra needed in stimulus spending should include temporary as well as permanent measures ...

IFM Investors equities co-head departs

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... [$1 billion in assets at April, 2019] Neil led has outperformed the benchmark by more than 4% per annum since inception in March 2012." Before joining IFM to start its small caps strategy, Carter worked at Macquarie Investment Management as a division ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... position they would have been in had the advisers complied. In a statement to Financial Standard, Aon Australia said: "In March 2018, Aon Hewitt Financial Advice (AHFA) voluntarily notified ASIC of suspected breaches of the Corporations Act by two of ...