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Showing 971 - 980 of 3553 results for "October 2015"

QSuper head of advice exits

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
The head of QSuper's advice unit has departed after the superannuation fund restructured its financial-advice offering to members. Kim Hughes, who was appointed as the $110 billion superannuation fund's chief of advice for QInvest in February 2019 ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
China's cruel to be kind policy continues to pay dividends. Criticised and condemned they may be, but the swift and continued improvement in the economy prove that the Politburo's draconian restriction and lockdown measures implemented at the ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
An American manager has partnered with local distributor Brookvine to pitch its flagship systematic global macro strategy. Welton Investment Partners is 15-year-old quantitative investor that manages money for institutional, endowment and private investors ...

BT terminates two funds

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
BT is winding up two growth funds due to a lack of investor demand. The BT Partner Australia Shares Growth 1 Fund and the BT Partner International Shares Core 1 Fund were terminated on 12 October 2020. They're both single manager funds that have been ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
An investigation by the Australian Securities and Investments Commission has culminated in an arrest over a suspected investment scam. The 42-year-old Melbourne man was arrested following a joint investigation by ASIC and Victoria Police E-Crime Squad ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
A $6 billion industry superannuation fund has introduced a range of low-cost, indexed investment options for members as it closes two other options. LUCRF Super has made changes to its range of investment options to offer members a wider range of low ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
ASIC, APRA and the RBA have joined forces in the transition away from LIBOR, which is expected to cease at the end of 2021. Last week, the International Swaps and Derivatives Association (ISDA) announced that it will launch the 2020 IBOR Fallbacks Protocol ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
The former general manager of regulatory change and remediation at MLC Wealth has moved to law firm Ashurst. Chris Baker spent more than 12 years with National Australia Bank and MLC in various leadership roles and was general manager, regulatory change ...