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Showing 891 - 900 of 2997 results for "February 11"

Challenger boutique managing Nikko strategy

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Sydney fixed income boutique Ardea Investment Management is now managing a customised strategy for Nikko Asset Management's institutional clients in Japan. Ardea in February began managing a strategy which aims to deliver JPY Libor plus 2% return after ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding. Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed as joint and several voluntary ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... faring better too. The NFIB Small Business Optimism index rose to a reading of 100.6 in June - the highest reading since February (before the coronavirus crisis) -- from 94.4 in May and April's seven-year low reading of 90.9. The bad news: The rate ...

Former Aberdeen duo back with Sydney boutique

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
Aberdeen Standard Investment's former head of Australian fixed income and global head of restructuring have kicked off a new consulting and advisory business. Nicholas Bishop and Stephen Fang worked at Aberdeen together for about a decade. The duo ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Private equity firm BGH Capital has entered into an implementation agreement with Village Roadshow to acquire control by two terms of arrangement at up to $2.45 per share. Under Structure A, shareholders will be entitled to $2.20 a share, plus an additional ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
The CFA Institute has bid farewell to paper-based exams and has announced more flexible and convenient scheduling. The move comes in what the CFA Institute says will turn the challenges of the COVID-19 pandemic "into positive opportunities"; modernising ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
A class action has been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to ...

Momentum, quality outperform in 2020: S&P

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
Quality and low volatility indices outperformed during the COVID-19 financial crash, which saw the Australian share market drop 35.9% between February 20 and March 23, according to new research coming out of S&P Dow Jones Indices. During the crash ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
The Federal Court has taken action to dissolve an unregistered investment scheme operated by a former AMP authorised representative. MyWealth Manager was operated by Mustafa Mohammed, along with Mahek Mustafa, Mubashir Mohammed. The scheme related to ...