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Showing 911 - 920 of 3802 results for "APPEA"

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

US analysts fail to add value

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
In a study of 3.8 million analyst forecasts in 45 countries between 1994 and 2019 it has been found that US analysts fail to outperform on average. The research paper, titled Analyst Recommendations and Anomalies Across the Globe by Victor Azvevedo ...

Pan-Asian equities to perform well: Longlead

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
Despite the tumultuous market conditions brought about this year, Longlead Capital Partners believes Pan-Asia equities are set to deliver a strong performance in 2021. The region delivered positives returns and outperformed global peers in 2020 which ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It's quite a delicate balance - akin to the "will it, won't it" speculations on Fed policy decisions BC (before COVID) - but it appears that the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
The NSW Court of Appeal has ruled pandemic exclusions are invalid, and insurers will have to cover COVID-19; a ruling that has seen IAG go into a trading halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Challenger's Fidante Partners has signed on a private equity manager focused on food and agribusiness. Fidante will market Minneapolis-headquartered Proterra Investment Partners' Asia Food Strategy to European investors. Proterra has $4.4 billion in ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
The Australian National Audit Office (ANAO) has answered questions in regards to the remuneration of ASIC chair James Shipton and former deputy chair Daniel Crennan. At the parliamentary joint committee on corporations and financial services, chair ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
By orders of the Pope, the Vatican has a new financial manager. Pope Francis declared that the administrative management of the Vatican's funds should be transferred from the Secretariat of State to the Administration of the Patrimony of the Apostolic ...