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| | | ... falls, and buying back in after the main recovery)," Garrett said. Slightly more clients than usual did close their accounts though, possibly spooked by the volatility, Six Park said. In a normal period, Six Park has a churn rate (the rate of people ... |
| | | | ... Warner said. The firm said it is ironic that many consumers are still likely to use past performance to compare funds, even though the industry is constantly at pains to emphasise that past performance is not a reliable indicator of future performance. ... |
| | | | Banking giant HSBC is facing a $2.3 billion (GBP 1.3 billion) law suit over investments in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted ... |
| | | | AMP Capital has named a new chief executive to take over from Adam Tindall who is retiring after five years in the role. Boe Pahari, AMP Capital's current global head of infrastructure equity and director, North-West region (UK, Europe and the Americas) ... |
| | | | ... However, ASIC is required to consult in every instance it intends to use the powers, to seek feedback on its plans. It warned though that it may propose a draft product intervention order during consultation before going on to make an entirely different ... |
| | | | The firms that succeed in the months ahead will leverage technology and scalable solutions to drive growth and reduce costs. That's according to new research from Northern Trust, who argue COVID-19 has highlighted the potential of technology and outsourcing ... |
| | | | A Melbourne-based investment management firm says the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid ... |
| | | | Just when we thought that life was slowly returning to normal, reports out of Beijing have turned into reality what many feared - a second wave. While all our uncles and their dogs blamed China for the "bother" the world finds itself in, its policy ... |
| | | | ... to the same effect. However, Bastian's analysis did point to "costs being shared between employers and employees". Though he did note the extent varies over time, and added interactions with the tax and transfer system are important, pointing to ... |
| | | | ... billion the funding that has been brought forward over the past eight months to fast-track such second-tier projects." Though forced upon the government of the day by the coronavirus, it'll eventually bring about an Australian renaissance. |
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