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Showing 871 - 880 of 3460 results for "MAS"

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
UK pension funds may soon be required by law to report on the risks climate change could have on their members' investments, becoming the first major economy to do so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

Vanguard fund drops "cash plus" name

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
Vanguard has joined the growing line of fund managers snipping the "cash plus" tag from their short-term fixed income funds, as ASIC sharpens focus on managed funds advertising. Effective October 1, the Vanguard Cash Plus Fund will be renamed the Vanguard ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Following a qualitative review of 69 Australian fixed-interest strategies, ratings house Morningstar has made 15 changes; including upgrades, downgrades, and dropping its coverage of one strategy. The changes are attributable to Morningstar's revised ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

BNY Mellon expands to Asia Pacific

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
A US$2 trillion fund manager is expanding to Taiwan and appointed a lead to drive its strategy in the Asia Pacific. BNY Mellon Investment Management announced Rebecca Chu will spearhead the firm's growth as head of Taiwan, focusing on local clients ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
Retail investors will be forced further into investing in equities as the hunt for yield continues, despite having felt the hard lessons from this year's market volatility, according to founder and chief executive of DeepData Analytics Mathan Somasundaram. ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
Former celebrity financial adviser Sam Henderson has plead guilty to three charges of dishonest conduct. Henderson plead guilty to one "rolled up" charge of dishonest conduct along with two counts of making a disclosure document available to a person ...

Vision Super revises investment strategy

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
Vision Super has revised its investment strategy as a result of significant changes in the economic and fixed interest environment. The $10 billion super fund said it reviews its investment strategy annually and changes have been made this year to adjust ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
"One, two, Freddy's coming for you Three, four, better lock your door Five, six, grab a crucifix Seven, eight, ya better stay awake Nine, ten, he's back again." Just replace "Freddy" with "COVID" and this Nightmare on Elm Street remake of the ...