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Showing 811 - 820 of 4513 results for "Cover"

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... by Suncorp Portfolio Services or Summerhayes and Carroll, documents show. Of this, about $19 million will be deducted to cover costs incurred over the course of the class action. This includes more than $14 million to be paid to the litigation funder ...

Australia's size problem: VanEck

ANDREW MCKEAN  |  FRIDAY, 22 JUL 2022
Australian equities concentration on financial and resources heavyweights make factor investing in domestic markets an ineffectual strategy, according to VanEck research. While historically factor investing has achieved excess market returns over the ...

Annual IMAP awards finalists revealed

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... finalists for the 2022 IMAP Managed Account Awards have been named, including across a new category for ESG products. The awards cover Australian equities, Australian equities small cap, international equities and multi-asset products, as well as recognising ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... reduction in profit not an increase in prices." "Similarly, if firms pass on price increases that are more than enough to cover an increase in their production costs then profits will rise." Under these assumptions, macroeconomic data on economy-wide ...

Brookfield, Infratil sell mobile towers

JAMIE WILLIAMSON  |  MONDAY, 18 JUL 2022
Brookfield Asset Management and Infratil are offloading their stakes in Vodafone New Zealand's passive mobile tower assets. Brookfield and Infratil bought 49.5% each of the assets in 2019 for NZ$1 billion. Now, alongside Vodafone, which will continue ...

Frontier changes strategy, shakes up team

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Frontier has made several changes to its investment team, including naming Shahana Mukherjee as its new macro and quant analytics consultant. Frontier has announced what it is calling an evolution of the management of its investment strategy, capital ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Over-the-counter derivatives provider Sirius Financial Markets Pty Ltd has surrendered its AFSL and its former executives Jonathan Schneider and Oskar Pecyna have both been banned for eight years. ASIC reported that Sirius Financial, trading as Trade360 ...

BetaShares grows team amid increased demand

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
BetaShares has made a raft of appointments, including adding two to its sales leadership team to oversee wealth management and high-net-worth groups. All five appointments are internal promotions and have been made to the ETF manager's sales, distribution ...

Impax Asset Management names APAC sustainability lead

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUL 2022
The specialist manager has appointed Nana Li as head of sustainability and ESG for Asia Pacific. Li commenced in the role this month, joining from the Asian Corporate Governance Association, an independent organisation that works with investors and ...

Equity Story plans to throw finfluencers a lifeline

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
Equity Story Group has acquired news and arts media company A Rich Life, and plans to throw 'finfluencers' a lifeline after ASIC's recent crackdown by giving them the option of continuing to influence with the coverage of an AFSL. A Rich ...