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Search ResultsShowing 81 - 90 of 100+ results for "July"
Fund manager charged with fraud
ALLY SELBY  |  FRIDAY, 4 SEP 2020
... Capital, Kamensky sought to purchase securities that were being distributed as part of the proceedings. The SEC alleges that on July 31, Kamensky coerced a competing bidder for the securities to withdraw its offer, which was in fact, higher than Kamensky's ...
WAM makes LIC takeover bid
ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... representing a 15.2% premium to CLF's share price on September 2 and a 7.6% premium to its reported pre-tax net tangible assets at July 31. CLF shares have consistently traded at a discount to its pre-tax net tangible assets with the average discount ...
Chief economist update: Australia on top despite recession
BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... to work and meetings with persons from different households were eased; June 15 - reopening of "non-essential" businesses; July 4 - social distancing gap lowered from two metres to one "to allow businesses to be able to reopen". The relaxation of restrictions ...
Industry funds triumph July performance
ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
UniSuper and AustralianSuper have come out on top of the leaderboard for personal and workplace superannuation over the longer term but couldn't keep up in the last 12 months, according to the latest figures from Rainmaker Information. UniSuper's default ...
BNY Mellon expands to Asia Pacific
KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
... master agent Taiwan Cooperative SITE to deliver investment excellence and industry-leading client experience," he said. In July 2019, BNY appointed Taiwan Cooperative SITE as its master agent in Taiwan, which helps represents foreign institutions offering ...
AMP does not treat advisers fairly: Poll
ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... choosing not to cast a vote either way. AMP cut BOLR valuations from 4x recurring revenue to a maximum of 2.5x last year. In July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business ...
Labor says yes, economists say no to SG rise
ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... 0.25% of salary each," ESA said. "The next five increases, originally due to due to begin in 2015 but postponed to start in July 2021, are much bigger - 0.5% of salary each - at a time when wage growth is much smaller." Those who thought they should ...
Former adviser faces fraud charges
ALLY SELBY  |  MONDAY, 31 AUG 2020
... extensive ASIC investigation. Gordon was previously the director of Refocus Financial Group and Diverse Capital Management. In July 2018, the Supreme Court of Queensland made orders to wind up Refocus following an application by ASIC, restraining Gordon ...
ASIC names operations, risk leads
KARREN VERGARA  |  MONDAY, 31 AUG 2020
... and chief financial officer. Meanwhile, Zack Gurdon was appointed to the newly-established role of chief risk officer in July, joining from NBN Australia where he held senior responsibilities in compliance and risk management. Prior to that, Gurdon spent ...
Chief economist update: COVID-19 cuts capex
BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... the water with cheap funding. I can't make it drink." ...and three RBA interest rate cuts later (in 2019) - in June, July and October - taking the official cash rate down to 0.75% -- consumer spending, business investment and economic growth overall ...
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