Business
Rest Super reviews shareholding of under siege EML Payments – Sydney Morning Herald
Rest’s chief investment officer says his investment managers are split on whether to hold the stock after it was hit with allegations of serious breaches of anti-money…
As with any market, some feel the market reaction is overdone. And others feel that there is now heightened risk in holdings of EML, he said. Certainly our managers are looking very closely at all aspects of EML right now and considering the full business case.
Rest was not part of the sell-off on Wednesday, Mr Lill said, but the funds investment managers had progressively reduced exposure to EML over the first three months of this year. It is fair to say that our portfolio has been net sellers…
-
Noosa News22 hours agoIncrease in extreme weather events poses ‘substantial risk’ to blood supplies, researchers warn
-
Noosa News12 hours agoAustralians tell ABC’s Your Say how they saw the second leaders debate
-
Noosa News17 hours agoManjimup engineer turns previously wasted avocados into liquid gold
-
Noosa News12 hours agoPeter Dutton insists there’s enough water for his seven nuclear plants, contradicting shadow frontbencher