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Showing 1021 - 1030 of 8010 results for "Average"

Vanguard launches automated investing solution

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... April, UK personal financial planning customers saw their fees reduce to three times less than what the industry charges on average to a flat rate of 0.79%. "We hope that since many of our clients already regularly contribute to their accounts, this ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... more likely next year with rising inflation - could be catastrophic for our nation." White pointed out that, based on the average home loan amount, an increase of $300 is only about a 1% raise to mortgage payments. "1% is not a large increase. It will ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... Wales and Victoria ended. Business conditions increased by 6 points to a reading of +11 in October - above its long-term average - aided by improvement in all its components (trading conditions, profitability, employment). Better, business confidence ...

£450bn in inflation-linked UK DB liabilities unmatched

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... Alpha director of CDI Shajahan Alam said. "While the absolute levels of index‐linked gilts issuance have been high at an average of around £30 billion a year since the financial crisis, the proportion of total issuance that is index‐linked has fallen ...

Raiz Invest hits $1bn in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
... billion in funds under management in Australia. The company put the growth down to customer engagement and reported that average balances on its platform have grown to nearly $3000 per customer. Raiz reported having more than 500,000 Australian customers ...

ETF inflows reach $2.4bn

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
Net flows in exchange traded funds (ETFs) hit $2.4 billion for the month of October, which has more than offset asset value declines, new data shows. BetaShares' latest Australian ETF Review for the month ending October 2021 revealed the top ETF by ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds under management grew 14% to $107.9 billion. Fee revenue was also up by 23% to $581.9 million with performance fees jumping ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... 23.8% premium to PAF's closing price based on September 10 data, and 24.3% premium to PAF's three-month volume weighted average price. PAF shareholders can vote on December 11. PGF currently has a 19.9% shareholding in PAF. Should the merger proceed ...

Super advice gains traction: Research

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... their financial position has improved thanks to their financial adviser, who helped clients grow portfolios by $140,000 on average. This led to increased client satisfaction with their adviser and super fund representative across all 18 key service metrics ...

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... at a 29% premium to Praemium's closing price of $1.16 on October 27 and a 25% premium on the five-day volume weighted average prices of Praemium and Netwealth to the date same. Later this morning the Praemium board rejected the offer, believing it undervalues ...