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Showing 7381 - 7390 of 28273 results for "NOT"

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... client losses its client base only increased by 2. The majority of these new clients were boutiques, a spokesperson said, and not inclusive of a registry deal with Pendal announced in May. The firm's US private equity business increased its FuA by $700 ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... look at it like that. "Perhaps it's just a square peg in a round hole and we just have to wait." Ratings agencies are not charities; they will either charge investment funds fees in return for a rating (often upwards of $50,000), charge licensing ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... the financial year. Led by impact investor Nick Harrington and philanthropist John McKinnon, the new AAP will be run as a not-for-profit - without shareholders. Only 15% of the consortium's 35 funders will receive some financial gain, investing upwards ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... stimulus payments have accelerated spending, we are now also seeing spending creep up to pre-COVID levels from those who did not receive such support."

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... altogether. IOOF, which acquired ANZ's wealth business, added one adviser total over the six month period. The data does not show how many advisers IOOF picked up from ANZ. Commonwealth Bank also shed 99 advisers and the SMSF Adviser Network lost ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... temporary and I think Aussies understand that," Morrison said. "We always said it would taper back and scale down, they are not enduring and they are not permanent, they were never designed to be permanent." This comes as Treasurer Josh Frydenberg prepares ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
Would Australia be experiencing a second wave - and therefore, a reimposition of lockdown restrictions - had it not rushed to reopen and followed its original prescription for a six-month lockdown? Not only that, in the haste to reopen, the Victorian ...

Iress wins mandate

KANIKA SOOD  |  MONDAY, 20 JUL 2020
A Sydney boutique has picked Iress's portfolio system for its high-conviction Australian equities funds. Quest Asset Partners has been using Iress's trading and market data software since the firm's inception in 2004. It will now also use Iress's portfolio ...

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... Super member, who has a hearing impairment, wrote to the fund's chief executive Deanne Stewart asking why the video did not have any closed-captions. "...You are clearly "unaware" of disabled members," the member said in the email to Stewart. The ...

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
... attempts to manage the impact of ongoing rising costs while cash flows and revenues decline rapidly. These competing forces are not sustainable for short to medium term and the result will be additional pressure on funds to merge or cut costs," Right ...