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Search ResultsShowing 1 - 10 of 100+ results for "April"
ASX reviewing CHESS replacement feedback
ALLY SELBY  |  THURSDAY, 6 AUG 2020
... representing 92% of the 96 CHESS users. About 91% of these respondents can meet the go-live date for a CHESS replacement in April 2022, with only a few exceptions who have requested more information on particular issues. CHESS users are organisations ...
Chief economist update: The V in recovery
BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
Were it not for the "second wave" now doing the rounds in a number of cities around the world, the letter "V" would now be standing for "victory" against the war on COVID-19. The gradual easing of restrictions has unfrozen social and business activity ...
BetaShares rejigs oil ETF...again
KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... exposure in Australia. OOO has had a wild ride this year, since WTI Futures first slipped into negative territory around April 20, as COVID-19 sapped demand for oil. Oil-producing nations in April agreed to production cuts of 10% from May 1 to normalise ...
Bain Capital begins restructure reckoning
ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... to be in a much stronger position to continue that legacy," Scurrah added. Virgin Australia went into administration on April 21. While Virgin has entered a binding sale agreement for the business with Bain Capital, the sale is not yet complete. Bain ...
Former BNY Mellon IM country head joins Westpac
KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... country head has joined Westpac's private wealth and business division as a director. Phil Filippelis left BNY Mellon in April, after five years with the firm. In his new role, he will work as a director, global investment services New South Wales ...
Partners Group hires from GSFM
KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... classes was launched in the local market in 2011. Late last month wound back a 2% redemption sell spread in it introduced in April as COVID-19 increased volatility. It also offers two other strategies in Australia: the Partners Group Global Multi-Asset ...
Adviser jailed over $2m Ponzi scheme
JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... breached the trust of his clients over a long period. The offences occurred over a four-year period between July 2013 and April 2017. "As a financial adviser Mr. Miller ought to have protected the interests of his clients. His sentencing should send ...
Regulatory, legal exam questions trip up advisers
ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... financial decisions and/or investment choices. The June exam results saw an 84% pass rate, better than the 79% pass rate in April. However, significantly more advisers sat this round with 2282 advisers sitting the exam, compared to just 470 in April. ...
Housing values continue to slide
ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
... on housing values has been orderly to-date, with CoreLogic's national index falling only 1.6% since the recent high in April and housing turnover has recovered quickly after it's sharp fall in late March and April," he said. Regional housing markets ...
Banks ordered to reduce dividend payout ratios
KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVI-19's impact was clearer. On April 16, UBS ...
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