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Showing 761 - 770 of 2383 results for "Flex"

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
Investment giant Perpetual has seen its net profit after tax fall 29% year on year, blaming an increase in outflows from its investments business as well as the challenging conditions of the COVID-19 pandemic for the decline. Revenue for the full year ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Global real estate securities are priced competitively compared to asset classes such as equities and bonds, according to a real estate investment specialist with $106.3 billion in global assets under management. Despite the serious headwinds faced ...

Financial services workers content with pandemic changes

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
New research shows that more than half of financial services employees agree that the industry has reacted positively to shifts in the industry as a result of the pandemic. The latest Work Different study from experience management software provider ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The Australian Taxation Office (ATO) has confirmed changes to age limits on super contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective ...

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance. Eaton Vance institutional portfolio manager director and alternative and ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
APRA will recommence issuing banking, insurance and superannuation licences after suspending the issuing of new licences due to the challenges new entrants would have been faced in light of economic uncertainty. The prudential regulator will also resume ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
IOOF has sold its minority shareholding in Australian Ethical for $74.5 million. In an announcement to the ASX, IOOF said it has sold 14.2 million shares in Australian Ethical, reducing its stake to approximately 5.5 million shares. That reduces IOOF's ...

First company lists on Sydney Stock Exchange

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Junior gold miner Torque Metals has become the first company to list on the Sydney Stock Exchange. Sydney Stock Exchange chief executive Michael Go said the listing was the first under the exchange's new strategy and that several more companies were ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
The ATO this week has put Australian businesses on notice, as the amnesty allowing employers to disclose and reimburse previously unpaid superannuation - dating back to 1 July 1992 - fast approaches its closing date. To take up the amnesty, employers ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
The ASX is now reviewing market recommendations on the new system to replace CHESS, following the conclusion of a four-week consultation period ending July 28. CHESS was developed by the ASX over 25 years ago, enabling the conversion of physical shares ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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