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Showing 1061 - 1070 of 3712 results for "Select"

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been extraordinary and there has been an unprecedented policy response. ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... playing in their heads listening to Reserve Bank of Australia (RBA) governor Philip Lowe's remarks before the Senate Select Committee on COVID-19. Straight from the governor's mouth: "The evidence so far is that our mid-March package is working ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... government's decision to allow Australians early access to their superannuation. Appearing alongside ASIC before the Senate Select Committee on COVID-19 on Thursday, APRA revealed superannuation funds haven't had any serious liquidity issues as a result ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics ...

Fees drop at Raiz

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The management fees on Raiz Invest's flagship fund have been cut in line with a drop in fees across two popular ETFs. Investors using the popular spare change investing app Raiz are set to benefit from lower management fees, after the firm passed on ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve ...

Opportunities exist in high yield: Eaton Vance

ALLY SELBY  |  TUESDAY, 19 MAY 2020
Wealth manager Eaton Vance believes there to be investment opportunity in the current volatile environment for global high yield investors, with relatively attractive returns expected for the coming 12 months. Following the strong rally in asset markets ...

S&P kicks companies off ESG index

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAY 2020
The S&P 500 ESG Index has completed its second annual rebalancing since it launched last year, with some surprising companies kicked out. Twitter and Walmart were dropped from the ESG index for failing to meet certain ESG standards while Facebook, which ...

Multi-boutique warns of fourth quarter reckoning

ALLY SELBY  |  MONDAY, 18 MAY 2020
A $630 billion multi-boutique global asset manager has warned of an ultimate reckoning in the fourth quarter, as global bourses continue to ascend on the back of central bank and government stimulus. Despite woeful economic data, US equity indices have ...

Realigning remuneration expectations

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
Incentives could be 30-40% lower in 2020 owing to COVID-19 and underperforming investment products, according to a new compensation report covering asset management, insurance and sales. This year is "unusually important" for salaries as the trifecta ...