The latest issue of Financial Standard now available as an e-newspaper
Aussie share funds boast stellar 2019BY ALLY SELBY | MONDAY, 20 JAN 2020 12:11PM
Managed funds focusing on the Aussie share market have boasted a stellar 2019, with more than 10 funds returning more than 30% for the year before fees.
Read more: Selector, ECP, Regal, Mercer, Yee Hou Seck, AllianceBernstein, Australian Eagle, BlackRock, CBG, Collins St, Hyperion Asset Management, IOOF, Macquarie Group, Panther Trust
|Sponsored by Insight Investment|
Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|