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Showing 821 - 830 of 2404 results for "Mater"

Growth outplays value: Frontier

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Growth continued to outperform value according to a new study by Frontier Advisers looking at the performance of fund managers in the final quarter of 20109/20. In a note released to its clients, Frontier reported that growth-focused managers outstripped ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
The Bank of Japan (BOJ) took a breather in July, keeping its monetary policy settings and asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
J.P. Morgan Asset Management has launched a new integrated ESG policy statement for its global funds management business. The new ESG policy includes a proprietary 10-point ESG scoring system to evaluate its asset management teams on their level of ...

US investment firm launches in Australia

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
New York based ARP Investments has entered the Australian market through a partnership with Axius Partners. ARP currently manages US$2 billion in assets and describes itself as a boutique technology and innovation driven alternative systematic investment ...

FSU secures super pay increases

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
The Financial Sector Union (FSU) has confirmed employees at a number of super funds will receive pay increases in a deal that followed 12 months of negotiation. The FSU said it was pleased to have reached decisions with a number of super funds including ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

Colonial First State cops licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
APRA has imposed licence conditions on Colonial First State Investments Limited to ensure super members' best interests are met, effective immediately. The regulator's decision follows an investigation into matters referred to it by the Royal ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
Chant West is shelving its legal proceedings against Zenith, as the latter comes back to the table on its planned acquisition, which will see Chant West chief executive Brendan Burwood exit the business. The two companies completed a business sales ...