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Showing 1051 - 1060 of 3274 results for "April 2016"

Hedge funds record best month since GFC

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
Hedge funds in April posted their highest one-month returns since May 2009, but still have a long way to go before they can pare back March quarter losses. Preqin's All-Strategies Hedge Fund benchmark returned 5.82% in April as most stock markets rebounded ...

Newgate fund starts new life

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund. Starting July 1, the fund will be folded into the Sanlam Real Assets ...

Plato fund to shutter

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
An Australian shares fund run by Plato Investment Management will shutter later this month after running for nearly 14 years as its assets dwindle. Plato's Australian Shares Core Fund invested in Australian companies and was benchmarked to the S&P/ASX ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... Mayfair had proposed a payment plan but Vasco said the plan was not acceptable. Vasco had to write to Mawhinney again in April "stressing that he needed to take the deadlines seriously, explaining that unitholders were worried about their savings" and ...

Investec funds women in finance scholarship

ALLY SELBY  |  FRIDAY, 29 MAY 2020
Investec Australia has established a postgraduate research scholarship with the University of Sydney Business School; in a move that it says will benefit the future finance workforce in Australia. The Investec Women in Finance and Leadership PhD Scholarship ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19. The IAG & NRMA Superannuation Plan in February 2019 announced plans ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... of Japan's (BOJ) ever-so-elusive 2.0% target. The country's annual headline inflation rate weakened to 0.2% in April (from 0.4% in March); core-core inflation decelerated to 0.2% (from 0.6%); and most notably, core inflation of 0.4% in March ...