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| | | ... new retail trader) per day in the period of COVID-19 induced volatility. A total of 140,241 identifiers ASIC had previously not observed were trading. Prior to this volatility, ASIC said an average of 34,502 new identifiers appeared in a period of the ... |
| | | | ... the first discretionary cash flow to be axed by concerned chief financial officers when the business cycle turns," he said. "Not only do equity investors lose capital as share prices typically fall, but they also lose the expected income as dividends ... |
| | | | ... probably too soon to know the full impact the COVID-19 crisis will have on the future of advice, it is fair to say it may not look the same when all's said and done. Speaking to Financial Standard chief executive of JANA, Jim Lamborn, said the advice ... |
| | | | ... to see increased merger activity across the landscape, and I think that will challenge boards and management to think about not only the viability of their funds, but also the long-term benefits and value that they provide to members and their fund." ... |
| | | | ... Additionally, secondary capital raises ballooned in April, with more than $13 billion raised representing a 275% spike. While not reaching the highs of March - during which it recorded its 15 busiest days ever by trading volume - CommSec executive general ... |
| | | | ... closed borders was quite the learning curve. "The global pandemic - and the speed in which it changed the way we work - was not in the integration planning," Russell said. "The Class executive and senior leadership team needed to regroup and think through ... |
| | | | ... house Rainmaker Information, at the end of 2019, Australia's superannuation funds owned approximately 38% of the ASX (across not for profit, retail and SMSFs), up from 26% a decade ago. Industry funds hold just 8% of the ASX, the research house said. ... |
| | | | ... combined with his global perspective on institutional investment, make him an outstanding leader for the Future Fund." Arndt will not start in the role until 1 July 2020, with acting chief Cameron Price remaining in the role until then. "I am honoured ... |
| | | | ... breaching s993C(1) between 30 June 2016 and 16 December 2017 through making payments out of a client money account that were not permitted by reg 7.8.02 of the Corporations Regulations. Each offence carries a maximum penalty of 250 penalty units (approximately ... |
| | | | The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ... |
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