Search ResultsShowing 1 - 10 of 100+ results for "January"
Tribeca portfolio manager quits
KANIKA SOOD  |  MONDAY, 24 FEB 2020
... resigned as the co-portfolio manager for Tribeca's global natural resources strategy, which returned -32% in the year to January. Evans's resignation was effective last week and leaves co-portfolio manager Ben Cleary in charge. The departure ...
Chief economist update: Aussie employment rises... but so does our unemployment rate
BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
The Australian Bureau of Statistics' (ABS) reported that the economy added 13,500 jobs in January - more than market expectations for an increase of 10,000 - with the creation of 46,200 full-time positions more than offsetting the termination of ...
Ellerston LIC chair resigns
KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... unlisted trust like Ellerston Global Investors (EGI). EAI's NTA (after tax) was $1.18 but the share price was $1.05 at January end. It had a market cap of $142.6 million. It is managed by Mary Manning and holds a high conviction portfolio of large caps. ...
Count Financial treads new path
JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... Count's revenue is grandfathered and with the likes of Colonial First State ending grandfathered commissions ahead of the January 2021 deadline, Count said it must prepare for others bringing forward their plans. "To mitigate the impact of the changes ...
OneVue recoups $4.36m from Sargon
KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... associated to Phil Kingston defaulted on a loan from a Chinese lender and were forced into external administration in late January, OneVue appointed its receivers and managers to SC Australian Holdings 1 Pty Ltd, against which it had a secured interest. ...
HSBC to cut 35,000 jobs
ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... reshaped in order to improve returns. The news comes after the bank appointed a new Australian chief executive at the end of January, while global chair Mark Tucker said the board has embarked on a "rigorous" process to search for a new global chief ...
SMSFs interrupted in 2019: SuperConcepts
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... legislation, 2019 was "interrupted". He pointed out that several pieces of legislation with a proposed start date of 1 January 2020 haven't actually been passed into law. "The government was in election mode when the budget was announced last year though ...
Advice complaints low: AFCA
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... financial advisers in AFCA's view. "We are required to have regard for industry codes," he said. "Any disputes after 1 January 2020, not retrospectively, we will have regards for the code."
Focus to acquire stake in MEDIQ
KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... recordkeeping, administration service fees, commissions, distribution fees and fees from outsourced services. Between January and September last year, Focus completed 28 acquisitions for a total of US $556,782. The company paid for these by a combination ...
The sick short: Banking big on the coronavirus
ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... Shares fell 2.6% on the downgrade, wiping US$34 billion from Apple's market value. "Our quarterly guidance issued on January 28, 2020 reflected the best information available at the time as well as our best estimates about the pace of return to work ...
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