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Showing 61 - 70 of 488 results for "Wash"

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

ISA chief economist departs

KANIKA SOOD  |  TUESDAY, 30 MAR 2021
Industry Super Australia's chief economist of six years Stephen Anthony has left the lobby group. ISA confirmed Anthony's departure. "We thank Stephen Anthony for his work with Industry Super Australia over the la st six years. His thoughtful ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Ironbark fund swaps managers

KANIKA SOOD  |  FRIDAY, 12 MAR 2021
An Aussie broad-cap equities fund distributed by Ironbark is transitioning to a new fund manager, as the boutique managing it pivots away from broad-caps to small caps. The $25 million Ironbark Karara Australian Share Fund is currently managed by Karara ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
A new report has revealed the number of companies Australia's largest super funds have rapidly divested amid pressure to invest with climate change in mind. Nine of the 40 largest super funds in Australia have now announced divestment from some of the ...

Bezos steps down at Amazon

JAMIE WILLIAMSON, ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
Jeff Bezos will step down as chief executive later this year, transitioning to the role of executive chair. Announced in Amazon's full year 2020 results, chief executive of Amazon Web Services (AWS) Andy Jassy will take over as chief executive in Q3 ...

Former CFSGAM chief joins property group

KANIKA SOOD  |  MONDAY, 18 JAN 2021
An ASX-listed property group has added the former chief executive of Colonial First State Global Asset Management as a non-executive director to its board. Warwick Negus joins the board of Dexus effective February 1. Negus is currently the chair of ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...