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Showing 1141 - 1150 of 3878 results for "February"

Regal Atlantic fund up 12.5% in May, down 61.65% YTD

KANIKA SOOD  |  THURSDAY, 11 JUN 2020
... travel and aged care sectors," the update said. The fund reported its single worst month in its 16-year-lonmg history in February (-32.01%) and then again in March (-58.59%). April and May have been positive returns at 14.81% and 12.50% but the fund ...

Former Fidelity wholesale head joins Sydney boutique

KANIKA SOOD  |  THURSDAY, 11 JUN 2020
... wholesale sales, reporting to managing director Alva Devoy, for nearly two years before leaving in August 2019. Fidelity, in February, filled Mathie's role by hiring Simon Glazier, who was Ellerston Capital's head of intermediated distribution and ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... or obtain an interception warrant, however, after an update to the Telecommunications (Interception and Access) Act in February this year the regulator can receive intercepted information for the purpose of its investigations. Prior to this, ASIC could ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
... products in May was 2.1%, which followed the 3.2% return posted in April. The result followed returns of -3.3% and -9.5% in February and March, as the crisis began to violently shake financial markets. Cumulatively, MySuper products have returns -7.2% ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... 2019 had been transferred to a company called 101 Investments. Mayfair started breaching its repayment obligations in February, missing three payments in quick succession at the start of February and then two interest payments. Vasco said that by March ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... assets after fees. VIX, also commonly called the fear or greed index, started the year at 12.47 and averaged 19.63 in February, 57.74 in March and 44.12 in April. Triple3, in its investor updates for last two months admitted to having missed the volatility ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... 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 to transition to Sunsuper via a successor fund transfer in in November 2019, to get better scale ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... financial advisers exited between 1 January 2020 and 21 May 2020. Since COVID-19 hit, in the less than three months from 27 February 2020 to 21 May 2020 alone, the number of registered advisers dropped by 916. Speaking to Financial Standard, Glenfield ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
... assets would act as defensive proxies for low yielding debt instruments." When markets started to crash at the end of February and during March, investment managers would have realised that these assets were much more correlated to growth assets than ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... control, and economic indicators - industrial production increased by 3.9% in the year to April after dropping by 13.5% in February; the annual rate of decline in retail spending eased to 7.5% after contracting by a whopping 20.5% in February - and surveys ...