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Showing 711 - 720 of 2142 results for "AUD"

Global asset manager launches new fund

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
... the investible universe well beyond the US," Hall said. Benchmarked against the ICE BoFA Global High Yield Index (hedged to AUD), the new fund is managed by London-based Australian portfolio manager Michael Della Vedova and Baltimore-based portfolio ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
Treasurer Josh Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings ...

New course helps advisers recognise financial abuse

JULIA NEWBOULD  |  TUESDAY, 5 MAY 2020
... the Standards International portal. At this stage, it is estimated the course and designation will be available for around AUD$1355 (£697.) For those completing the course, the designation of Financial Abuse Specialist will be issued by Standards International ...

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
The financial advice chief of a major industry superannuation fund has departed, as the fund's leadership shuffles. UniSuper chief of financial advice John (Jack) McCartney left the $86 billion industry fund late last month, after more than six ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
The Federal Court of Australia has ordered two financial services companies to be wound up, with McGrathNicol appointed as the liquidator of both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with ...

No golden ticket for super funds

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... too gold did not deliver on its promise to hedge equity market falls. "On the S&P/ASX 200's worst day (10% fall), gold in AUD was flat. On the index's next worst days (dropping over 7%), gold was, respectively, down 1% and close to flat," Williams said. ...

Former State Super investments chief returns

HARRISON WORLEY  |  MONDAY, 27 APR 2020
A former State Super chief investment officer is returning to the fund as a director. Lisbeth Rasmussen has joined the board of State Super, three years after departing the fund and the role of chief investment officer. Rasmussen left the fund in late ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
Australia's sovereign wealth fund lost 3.4% or about $6 billion in the March quarter, and is in no hurry to revalue its unlisted assets out of cycle unlike some superannuation funds. The Future Fund stood at $162 billion at March end, after returning ...

Please be aware of the nearest exit

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
As the conversation changes towards what the future will look like beyond COVID-19, the major topic at the forefront is what exit strategy lays ahead. Whether government, business or individual, the economic ramifications from the measures taken to ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... S&P/ASX Small Ords Total Return fell 26.72%, global stock market indices were down between 6.26% (MSCI AC Asia Ex Japan NR AUD) and 13.09% (MSCI Europe NR AUD). Consequently, all global equities funds analysed posted negative returns for the quarter ...