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Showing 1061 - 1070 of 6263 results for "Cash"

Boutique takes over Mason Stevens fund

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
... will now pay management fees and costs of 0.77% per annum, down from 0.94%. The fund aims to beat its benchmark, the RBA Cash Rate, by 2.5% after fees and expenses. As at April 30, it has returned 4.98% per annum since its 2013 inception and 2.96% over ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... Templeton said it remains of the view that the Reserve Bank of Australia (RBA) should take a measured approach to raising the cash rate and likely end up with a high for the cycle of around 1.5%. Franklin Templeton Fixed Income director Andrew Canobi ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... position," he explained. "We're equity investors, so we're not going to dampen the risk of your portfolio, like a cash position or a hedge position, we tried to target a 50% return over a three year period, with only 10% or 15% downside, that ...

ASX names new managing director

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... Lotfhouse is currently the ASX's group executive for markets, which is the largest business by revenue, responsible for cash and derivatives trading, including equities, interest rates, commodities and energy products, and the benchmarks business ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... Smith's stewardship, the fund has returned 9.93% after fees since inception; net outperformance of 9.02% compared to the RBA Cash Rate benchmark. The fund incurs a management fee of 1.35% and performance fee of 20% of the gross performance above benchmark. ...

Charter Hall co-founder eyes Australian Unity Office Fund

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... Unity Office Fund, with support from the fund's largest shareholder. On Friday afternoon, Australian Unity received an all-cash proposal to acquire all the issued units in its Office Fund (AOF) by way of a trust scheme from property development and fund ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... customers. The corporate watchdog today alleged that between May 2016 and November 2016 around 165,750 ANZ customers were charged cash advance fees and interest for withdrawing or transferring money from their credit card accounts based on an incorrect ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... five, four of which have been specifically designed for members of the now-shuttered product. The five options are Guaranteed Cash, Cautious 30, Prudent 50, Assertive 70 and Aggressive 95. As an example, members in the ClearView Super Conservative option ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... advisers having only ever known a low inflation environment. At its May meeting, the Reserve Bank of Australia increased the cash rate from the historic low of 0.10% to 0.35% - the first rise in over 11 years. In his speech on the decision, RBA governor ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...