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Showing 1081 - 1090 of 3878 results for "February"

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... as the latest Rainmaker research finds default products have on average gained three out of every four dollars lost in February and March. The 2021 financial year kicked off in positive territory, recording two consecutive months of gains to August ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... from the start of 2020 and a whopping 58.3% surge from this year's low of US$78.33/metric tonne it plumbed in early February, after China put Wuhan in lockdown. Being the biggest iron ore consumer (69.1% of total world iron imports), what happens ...

GMO launches global equities fund

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
... trust will be open to local wholesale investors. It draws upon the GMO Quality Strategy, which has been running since February, 2004 and is managed by long-standing GMO portfolio managers Tom Hancock, Ty Cobb and Anthony Hene. It has returned 9.15% p.a. ...

BABL named, shamed over Great Southern

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... unit. The Banking Code Compliance Committee (BCCC) said in its annual report that the BABL breaches occurred between February 2015 and February 2019. The breaches included non-compliance with a number of the code's important consumer protections, such ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... market-neutral strategy and lacked any meaningful protection against a downturn. Once the funds began incurring losses in February 2020, Allianz took a series of actions in contravention of its contractual and fiduciary duties that exacerbated the Alpha ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... its recent financial performance "woeful". ALF is urging shareholders to vote in favour of the restructure and gave 10 February 2021 as the indicative implementation date. Watermark earlier this month, handed over its $36 million market neutral fund ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... superannuation fund options that most people invest in. Xu said few could be immune to the market turmoil that occurred in February and March this year unless their wealth had no exposure to the equity market. "There are two main types of default investment ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... Australia's 10.6% or Germany's 8.9%. The PBOC lowered its benchmark lending rate just twice so far this year - in February by 10 bps and in April by 20 bps - to 3.85% and cut its reserve requirement ratio for big banks by a total of 200 bps from ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
... with the firm. Michael Corbat has been at the helm for the last eight years and will step down from official duties in February of 2021. Fraser, currently Citi's president and chief executive of global consumer banking, will succeed Corbat. She has been ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... Downing Centre District Court. This includes a 50% discount to his sentence after he entered an early guilty plea in February and cooperated with ASIC in its still-ongoing investigation into the company by providing documents and interviewing with the ...