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Showing 721 - 730 of 4538 results for "Dollar"

Meet the Sydney boutique beating Magellan's returns

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... head of international equities at Evans and Partners, where the initially created the strategy and grew it to a billion-dollar fund, which still runs. He is supported by two analysts, including former CSLA analyst Swati Reddy. His team stays away from ...

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... sustainable solutions to curb its negative impact on the environment. "Overall, we want to make a positive impact with every dollar that we spend," Wright said. NGS currently discloses how its equities holdings align with the United Nations Sustainable ...

Beware the retirement trap

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... retirement). For an individual, there is an income range between $174 and $2026 per fortnight, where for every additional dollar earned, the pension is reduced by 50 cents. This effectively halves the value of additional earnings for retirees in this ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
Former Wells Fargo chief executive John Stumpf has been banned from the banking industry and will cough up US$17.5 million for his role in the fake accounts scandal that has continued to rock the world's fourth largest bank since 2016. The Office of ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... ago, the RBA revealed that it had been considering a central bank digital currency, a digital version of the Australian dollar, with the potential to disrupt traditional financial players. This comes despite the fact that cryptocurrencies plummeted from ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
A private debt manager with stellar past returns, is eyeing local superannuation funds as it starts to raise for a new fund. Victory Park Capital, headquartered in Chicago, is best known in the US for lending to financial services companies, focused ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
Shine Lawyers today filed a class action against Colonial First State alleging that hundreds of thousands of Australians were charged excessive insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into ...

Millions up in smoke in cannabis scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
Investors promised great returns through a marijuana company have lost it all, as it's alleged the owner - a US film producer - spent the money on a yacht and several luxury cars. The US Securities and Exchange Commission has filed charges against Guy ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... needs, while maintaining regulatory compliance. The partnership between the homegrown platform business and the trillion-dollar global asset manager will build to offering retirement income solutions in early 2021. ASI Australia head of retirement and ...

PIMCO a hit with Aussie instos

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... toppled IFM Investors as the manager raising the money in the June 2019 quarter. Rival BlackRock raised the second-highest dollar amount in institutional mandates at $1.6 billion for the period. The two investing giants have found different areas of ...