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Showing 861 - 870 of 4056 results for "LIT"

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
A Melbourne-based investment management firm says the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
Sargon Capital's liquidators have found no takers for its May 22 call to creditors for extra funding to dig deeper into the company's affairs, and are now talking to a litigation funder. On May 22, Wexted Advisors asked Sargon Capital's 23 creditors ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Rio Tinto has been excluded from two portfolio options of a major industry superannuation fund following its destruction of 46,000 year old Indigenous heritage sites at Juukan Gorge last month. First State Super has dropped Rio Tinto from the diversified ...

Zenith defends LICs/LITs

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... investor's sole focus over the short-term. In its latest sector report, Zenith found that disparities in performance between LIC or LIT portfolios and their performance on the ASX can be reduced by adopting a longer term view. "The difference in ...

Life insurance salary guide for 2020

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
A new salary guide has outlined what those in the life insurance industry can expect to get paid this year, as it's revealed many claims assessors are looking to move sideways due to a perceived lack of career growth. Profusion Group's June 2020 insurance ...

BetaShares to list hedged versions of global stocks ETFs

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
BetaShares today listed a currency-hedged version of its Global Quality Leaders ETF and will launch similar versions of two other ETFs in the coming weeks, as local investors' appetite for currency hedging grows. The BetaShares Global Quality Leaders ...

CMC Markets introduces derivatives platform

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... short-selling and hedging." CMC said trades will be directed via smart order routers to a range of venues including both displayed (lit) and non-displayed liquidity (dark) primary exchanges and MTFs, among other execution venues.

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
The Labor Party is calling on Prime Minister Scott Morrison to finally put an end to the war on superannuation waged by government backbenchers, in an effort to ensure Australia rebounds from COVID-19 "faster and better". Financial Standard has obtained ...