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Showing 71 - 80 of 293 results for %22Business Performance Review%22

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... forth resolutions to wind up CVF. During FY20, the global economic shocks of COVID-19 resulted in "disappointing" performance, together with a hedging strategy that did not pay off as markets unexpectedly rallied, the annual report showed. CVF made a ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... Press, the regulators highlighted how the new obligations will interact and where they complement. The Business Performance Review (BPR), which is part of the member outcomes obligation, is due by 31 December 2020, while the first outcomes assessments ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... is a strong brand in the region and is well positioned with deep local knowledge to continue to help our consumer and business customers succeed." The sale is expected to be completed by the second half of FY2021 and Westpac expects an accounting loss ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... 24, Labor MP Stephen Jones, Industry Super Australia (ISA), Association of Superannuation Funds of Australia (ASFA) and Business Council of Australia have panned the delay in releasing it to the public.

Culture creates better outcomes: Research

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... leaders from around the world believe workplace culture is more integral to influencing good organisational outcomes than business strategy, a new study shows. The Thinking Ahead Institute's latest survey of 27 global decision makers from 15 investment ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... said the strategies remain open to investors via unlisted funds. "Rationalisation of our funds is a normal part of our business. AMP Capital regularly reviews its product set to ensure products remain competitive and they meet the ongoing needs of investors," ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... Sodhi agreed the bid should come as a relief to shareholders, adding that Ares will likely look at disassembling the business. "I would guess that Ares will do what the AMP board should have been doing - looking at breaking up AMP and collecting the ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... letter raises concern over the wealth manager's share price falling 7% since 2015, despite being "fundamentally a strong business". It is asking for a review of St James Place to engage a consulting firm to review its cost base. Credit Suisse thinks ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... illiquid assets and capacity in Australian equities. "Our enhanced ratings approach emphasises benchmark-relative performance, and we are mindful that few multisector strategies have excelled against this marker. That said, AustralianSuper's differentiated ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... ESG investing, Hume replied "no" and said the government does not want to be that specific or stop anyone from doing business. "There's plenty of research out there that ESG investing is a pretty basic risk filter," Hume said. "We don't want it to be ...