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Showing 631 - 640 of 5944 results for "Short"

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... by NZ's strong population growth of late, thanks to very high levels of net immigration," ASB Bank noted. "Long story short, there was still plenty of weakness evident in the Q1 production GDP data, despite headline GDP returning to positive." The ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... line. However, GME re-captured the market's interest last month when one of the original investors involved in the stock's short-squeeze frenzy at the start of 2021 broke his social media silence. In the immediate aftermath, GME shares soared as much ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
Ascot Securities was issued an infringement notice by the Markets Disciplinary Panel (MDP) in November last year for serious failures, resulting in a $3.1 million penalty and a requirement to enter an enforceable undertaking. However, Ascot chose not ...

Most advisers satisfied with success: Research

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... in control. "Success is not always measured in profit alone; sometimes business owners make conscious decisions to take a short-term reduction in profit to reinvest in their business, and some business owners are only aiming for modest returns," Elixir ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

Ausbil executive departs after 23 years

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... will maintain his involvement in supporting Gian Pandit with the 130/30 Focus Fund and as co-portfolio manager of the Long Short Focus strategy. Stella McMullen has been named as deputy head of equities research. McMullen will manage the day-to-day proprietary ...

NZ Super Fund names acting chief investment officer

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
The Guardians of NZ Superannuation (Guardians) has appointed Alex Bacchus as acting chief investment officer. Bacchus joined the super fund in 2009 and has held various roles in the risk and asset allocation teams. Since 2014, he has led the super fund's ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... entitled to claim such damages from the superannuation of offenders. Absent these changes, the consultation paper will fall far short of providing justice," he said. At the time, Jones said "the government will act quickly" to close the loophole. He ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
A former Viridian Advisory financial adviser has stepped out to launch a new venture, Freshwater Wealth, which caters to high-net-worth individuals. Sydney-based founder and partner Roger Perrett set up Freshwater Wealth, which is licensed by Centrepoint ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... gave a stern warning to Australian superannuation funds. Constant said financial reporting of listed companies was falling short of expectations and warned super funds not to run the same risk. "Some of our recent work shows that in some quarters, some ...