Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8171 - 8180 of 28273 results for "NOT"

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
... managers will be allowed to persuade entities with more than $10 million in net assets to invest in overseas vehicles. They will not require and AFSL to do so. Clients they would be able to work with include responsible entities of registered schemes ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
... their time to shine as opportunities for growth crop up. T. Rowe Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from portfolio managers in response to volatility, he is seeing some careful decision making. ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... as much as a two point advantage, with even bigger currency help. Also, stimulate! "The Federal Reserve must be a leader, not a very late follower, which it has been!" Trump nominated Powell as the chair of the Federal Reserve in November 2017. Trump ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... Lombardy and two other areas comprising 14 provinces - additional curbs were imposed on people's movements. They were not allowed to leave (or, indeed, travel within) these so-called "orange zones", except for work or emergencies." Overtourism solved! ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... Financial advisers will need to provide every retail client a written statement explaining "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said ...

Willis Towers Watson, Aon to merge

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2020
... Global in nature, the deal includes Willis Towers Watson's local business; however a spokesperson for the Australian arm could not provide any further comment. Under the deal, the two entities will combine under the Aon name and focus on the core areas ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... "To be clear, resumption of manufacturing production activity is still slow, and the risk of a new wave of infections should not be neglected," he said. "However, as retail activity and home sales data are slowly returning to normal, fear of China's ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... is all that they do, they have an entrenched policy framework that has been unaltered for a long period of time. It's not a fad to them, and it's not a side project from a traditional asset management business," Cilmi said. "This is something ...

Major firms criticised for substandard RI approach

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... influential asset managers have adopted a substandard approach to responsible investment, according to a new report. ShareAction, a not-for-profit organisation dedicated to making investment a force for good, has ranked the world's asset managers for ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... financial crisis, reflecting curtailed economic activity associated with the unprecedented containment effort. "This drop was not seen in recent epidemics or after the 9/11 attacks," she said. "Since the start of the recent US equity market selloff on ...