SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) has misplaced no less than one main pension contract whereas different corporations are reviewing their relationship with the wealth supervisor, which has struggled to stem a shopper exodus following revelations of great misconduct. FILE PHOTO: The emblem of AMP Ltd adorns their head workplace situated in central Sydney, […]
Australia’s AMP hit with class-action lawsuit from pension account holders
FILE PHOTO: The emblem of AMP Ltd, Australia’s largest retail wealth supervisor, adorns their head workplace situated in central Sydney, Australia, May 5, 2017. Picture taken May 5, 2017.REUTERS/David Gray (Reuters) – Australian wealth supervisor AMP Ltd stated on Thursday it will defend itself towards a brand new class-action lawsuit filed on behalf of pension […]
Human hedge fund managers embrace robot-rival tools to amp returns
BEVERLY HILLS, Calif. (Reuters) – Traditional stock-pickers within the hedge fund world have been struggling to justify their bills and weak returns in recent times, as low-cost algorithmic funds have completed higher. Now, human managers are beginning to embrace the applied sciences employed by their robotic rivals to enhance outcomes. FILE PHOTO: U.S. greenback notes […]
Australia’s AMP back in inquiry hot seat as pension transfers challenged
SYDNEY (Reuters) – Australia’s No.1 retirement and wealth administration firm AMP Ltd paid tons of of tens of millions of dollars from clients’ retirement accounts to its subsidiaries with out correct documentation, an inquiry heard on Thursday. FILE PHOTO: The emblem of AMP Ltd, Australia’s largest retail wealth supervisor, adorns their head workplace situated in […]
Australia’s AMP rejects criminal allegations, names veteran banker chairman
SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) denied allegations it had submitted a doctored report back to a regulator and dedicated a criminal offense, saying an inquiry into the nation’s monetary sector had overstated the wealth supervisor’s involvement. The emblem of AMP Ltd, Australia’s largest retail wealth supervisor, adorns their head workplace situated in central […]
Australia banking scandal claims more AMP scalps, chairwoman quits
SYDNEY (Reuters) – Australia’s largest-listed wealth supervisor AMP introduced the resignations of its chairwoman and authorized counsel on Monday, and slashed its administrators’ charges by 1 / 4 because it races to stem the fallout from damaging revelations of misconduct on the agency. FILE PHOTO: The emblem of AMP Ltd, Australia’s largest retail wealth supervisor, […]
Subs: Watt May Keep Capital Buffer & Move To Annual Treasury Payment
If this occurs it will be a big step….. Why? It can be an admission from FHFA that the present system is just not what’s […] SOURCE: ValuePlays – Read whole story here.
Pfizer Inc (PFE) Chairman & CEO Ian C Read Sold $6.7 million of Shares
Related Stocks: PFE, SOURCE: GuruFocus New Articles – Read whole story here.
Subs: Fewer Rigs & Higher Production
The firm goes to supply extra oil and fuel with fewer rigs……..a transparent recipe for growing income. UPDATE CALL NOTES reiterating at the moment our full […] SOURCE: ValuePlays – Read whole story here.
The Biggest Loser: Helmerich & Payne Slumps 5.5%
Tumbling crude costs sunk oil-services shares and made Helmerich & Payne the worst performing inventory within the S&P 500. SOURCE: Stocks to Watch – Read complete story here.