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Showing 681 - 690 of 2059 results for "BID"

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... following!" The same day, the Federal Reserve issued an emergency rate cut, reducing interest rates by 0.5% to 1-1.25% in a bid to support the US economy "as it responds to the global coronavirus outbreak". The US central bank is expected to cut interest ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... pandemic. Thousands of the bank's US employees have been asked to spend a day working from home in the coming weeks; in a bid to iron out any kinks should the virus spread throughout the United States, causing JP Morgan to close its domestic offices. ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
Morningstar will acquire a Canadian financial planning and risk-profiling software firm, in a bid to expand its advice capabilities world-wide. Morningstar has acquired PlanPlus Global, whose FinaMetrica Profiler risk software is currently available ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... Minister Grant Robertson said the government would be changing the investment mandate from 'conservative' to 'balanced', in a bid to ensure Kiwis got the most out of their investments. "As we go about appointing new providers, the government is also ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... closed its Dixon Projects business in Australia, cut 100 jobs and scaled back its US-based funds management business in a bid to cut costs. David Evan's Evan & Partners merged with Alan Dixon's Dixon Advisory in 2017, and floated soon after in ...

Former SMSFA chair returns to role

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
... from Robin Bowerman, who stepped in to fill the void left by Deborah Ralston in September, when she vacated the chair in a bid to avoid any perceived conflict of interest following her appointment to the government's retirement income review. Bowerman ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... latter by prohibiting solicitation of further bids. A termination penalty is also imposed if Legg Mason accepts a superior bid. Meanwhile, Rigrodsky & Long is also investigating for similar reasons.

Non-bank lender acquires Melbourne firm

KANIKA SOOD  |  MONDAY, 10 FEB 2020
A Sydney commercial real estate investment manager has acquired a Melbourne firm in a bid for further growth. Pallas Capital has acquired specialist real estate capital placement and advisory firm Gravitas Group earlier this month. Pallas Capital chair ...

How to lose a mandate

KANIKA SOOD  |  MONDAY, 10 FEB 2020
... external investment mandates, says new research. CoreData surveyed 117 institutional investors from around the globe in a bid to understand the relationships between institutional investors and their fund managers. Together, these investors have more ...