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Showing 7901 - 7910 of 28273 results for "NOT"

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
COVID-19 shut downs and volatility are not holding back a Sydney-based boutique's plans to launch a new fund. Contact Asset Management tested its new small/mid cap fund via a paper portfolio for 18 months, before hitting launch in mid-March. The ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
Paul Moore's PM Capital Global Companies was the worst performing global equities fund in the March quarter in Morningstar's universe, while a Stewart Investors fund came out on top. In the March quarter, while the local S&P/ASX Small Ords Total Return ...

Risk advisers under fire

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... advisers add little to no value. Maurice Blackburn superannuation and insurance principal Josh Mennen said the report did not find favourably for life insurance policies recommended by financial advisers. "This report has some very compelling data that ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... lost seven advisers. It is now down to 39 from 46 in February. Paul Tynan, chief executive of Connect Financial Services, was not surprised to see almost 500 advisers leaving the industry in less than two months. "There's going to be more," Tynan said. ...

Multi-asset strategies key in COVID-19 crisis: First Sentier

ALLY SELBY  |  THURSDAY, 23 APR 2020
... multi-asset solution, Kej Somaia said that although market fundamentals reflect themselves over the long term, markets are not globally efficient. "So there can and will be dislocations at times - as we have seen in recent months," he said. "The key ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... approach of the ATO on these issues." "There is a realisation that these difficult times require pragmatic solutions that might not be in strict accordance with the legislation." The ATO also provided guidance relating to LRBAs and rent and interposed ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... is now managing just over $116 billion. At the end of the last quarter the firm was managing around $134 billion. However, not all of AMP's performance can be put down to the pandemic. All told, almost $2 billion walked out the door during the first ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
... breaches, deficiencies in auditing asset valuation and compliance arm's-length transaction requirements, and for otherwise not being a fit and proper person as he had failed to comply with undertakings made to the ATO". The corporate regulator disqualified ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
... February 12 on the grounds that it had failed to comply with its licensee obligations. ASIC alleged MyPlanner Professional did not adequately monitor or supervise representatives, nor did it have the adequate resources to do so. Three days later, on ...

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... that there have been a small number of data discrepancies reported to them by funds which they are working to resolve but did not elaborate on the nature of the issues. "We do not expect this to cause any delay with individuals receiving their money," ...