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Showing 871 - 880 of 2488 results for "SPAC"

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
New research from Rainmaker Information has revealed the winners in the exchange traded product (ETP) market. Comparing data from the end of the June quarter to the same time last year, Vanguard remains the largest ETP manager in Australia with $20.5 ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Amazon founder Jeff Bezos added US$13 billion to his net worth in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

Super-backed specialist centre opens in Hobart

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
A $19 million investment from an industry super fund has helped an innovative dementia care village open its doors in Tasmania. In development with HESTA, not-for-profit aged care provider Glenview and Social Ventures Australia (SVA), the Korongee Village ...

Statewide overhauls risk management approach

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
Statewide Super has hit the refresh button on its approach to risk, prompted by COVID-19 and the Royal Commission. The funds recently appointed chief risk officer, Jason Muir said his goal is to refresh the industry fund's approach to risk in a post-COVID-19 ...

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund. Spaceship, which started out as a superannuation fund in 2017, added a managed funds ...

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 ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Australia's banks will defer repayments on loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery. Those who can restart paying back their loans will be required to do so at the ...

New player in geared, index-shorting ETFs

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
After BetaShares' success in attracting investors to its geared, index-shorting ETFs during COVID's market decline, another player is getting ready to throw its hat in the ring. ETF Securities is set to launch new ETFs based on the NASDAQ 100 ...

JBWere to continue using Praemium

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
JBWere has extended its agreement with the ASX-listed platform business to provide reporting and non-custodial administration for the private banking giant's wealth management client portfolios. JBWere will continue using Praemium for another two years. ...