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Showing 6911 - 6920 of 21776 results for "Dec"

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
Wouldn't it be nice to buy a house in Denmark was what I thought when I read the news that Jyske Bank - the country's third-largest bank - announced in August last year that it would pay home borrowers 0.5% per annum to take out a mortgage. Sweet! And ...

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
A global investment management software provider believes the COVID-19 pandemic provides superannuation funds five critical issues which must be addressed to ensure survival. A new white paper by investment management software provider SS&C highlights ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
Regal Funds Management's Atlantic Absolute Return Fund, which has a stellar long-term track record, fell 58.6% in March as COVID-19 affected markets. The fund has posted 23.1% in net annualised returns since its inception about 16 years ago. But ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
"What a difference a pandemic makes," Kaizen Recruitment noted in an update on the state of recruitment activity in Australian financial services. Kaizen found that while clients pushed ahead with filling essential talent gaps and some have attempted ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
National Australia Bank has seen another $268 million added to its bill for customer remediation. The increase in customer-related remediation costs for the big bank comes to $188 million after tax. NAB says it expects the additional costs to reduce ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
Back in pre-coronavirus days, the thought that the Chinese economy would slow below the government's target of around 6.0% was enough to send chills down the spine of many investors and businesses. If memory serves me right, there were even forecasts ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
An AFSL holder asked the court to review its entreaty to ASIC to waive industry funding levy for services that it was licensed to offer but did not. Polymath Investors acquired an Australian Financial Services Licence in 2010 to work with wholesale ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The government has reappointed two members of the $168 billion sovereign wealth fund's board of guardians. Carolyn Kay and Jane Wilson, who were both appointed for a five-year term in 2015, have had their appointments extended by three years and a year ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...