Search ResultsShowing 1 - 10 of 100+ results for "News"
YouTube fundie ousted, flagship fund to be wound up
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... Equity Income Fund (WEIF). BlackRock Advisers have been appointed as transition managers. Woodford said in response to the news: "This was Link's decision and one I cannot accept, nor believe is in the long-term interests of LF Woodford Equity Income ...
Fees down across asset classes: Report
ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... Saklatvala, bfinance head of investment content, said: "The reductions in average fees across various asset classes are welcome news for investor clients." "Yet there are still significant barriers to price competition across the asset management industry ...
One in three chance of global recession: Aviva
ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... "While many equity markets are close to their all-time high, we think they are fragile and susceptible to further downside news on growth," Aviva said. "We expect estimates for corporate earnings growth in 2020 will be revised lower, and with valuations ...
ANZ remediation costs break $1 billion
ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... dedicated team of more than 500 specialists working hard to get any money owed back to customers as quickly as possible." The news comes after NAB announced a further $1 billion in customer compensation at the start of this month as the big banks continue ...
Envestnet founder tragically killed
ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... Yodlee being a member of FinTech Australia. Envestnet said in a statement: "It is with immeasurable sadness that we share the news that Jud Bergman, our chairman and chief executive officer, passed away as the result of a terrible car accident. "As Envestnet's ...
Corporate, industry fund merge
JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
... transfer basis, with the industry fund adding close to $92 million in assets as a result, according to Equip. Confirming the news, Equip chief executive Scott Cameron told Financial Standard : "The transfer has gone very smoothly and we look forward ...
Chief economist update: Bad news is good news is back
BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...
Chief economist update: Are capital markets the next Sino-US battleground?
BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... Chinese yuan fell by 0.4% versus the US dollar and while the Shanghai composite index inched up by 0.1% (it closed before the news), China shares traded on the US exchanges dropped. According to the Financial Times : "E-commerce giant Alibaba's shares ...
Insider trading rife among company directors: ANU
ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... Australian Security Exchange is "rife". The research examined trades made by company directors after positive and negative news announcements from 2005 to 2015, finding trading was contrary to the sentiment of the news. Study lead Dean Katselas said ...
Morgans snaps up CommSec Advisory business
ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... confirmed back in June this year that it was considering the sale after offloading Count Financial for $2.5 million. The news comes as many of the big banks reconsider their advisory businesses following revelations from the Royal Commission. Westpac ...
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