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Showing 1141 - 1150 of 6902 results for "Shares"

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... the $3 trillion mark in December of 2019, just months before the pandemic arrived. The ABS said super assets invested in shares lost almost $111 billion during the quarter, representing a 23% fall. According to Rainmaker, from the peak of the market ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
... entire system... and so much of the money that was in super was liquid. A balanced fund invests around 25% in ASX-listed shares, so it's not as if the funds were going to have trouble getting their hands on the cash," she said. "What we did see was ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... proceedings. "As a shareholder of KBC and with reference to its unconditional all cash offer of 6.9 cents to acquire KBC shares, WAM Active is concerned about the use of KBC shareholder funds on litigation particularly when alternative solutions are ...

Global ETF leaders push for reform

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... so people can categorise and know what they're buying," Obrist said. The proposal categorises ETFs as products with shares listed on a national exchange issued by an open-end management investment company and registered under the Investment Company ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
... said the results were driven by the ASX, which returned 4.4% in May, as well as the positive performance of international shares, with the MSCI All Countries AUD index returning 3.5%. AREITs have also played their part, chipping in a 7% return. "These ...

Fed buys up BlackRock ETFs

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... were iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares (VCIT), Vanguard Short-Term Corporate Bond Index Fund ETF Shares (VCSH), iShares iBoxx $ High Yield Corporate Bond ETF (HYG) ...

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... Keybridge Capital has launched legal proceedings against Wilson Asset Management, alleging WAM improperly transferred Keybridge shares into its own name. According to Keybridge's filing, it commenced proceedings in the Supreme Court of NSW in relation ...

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 ...

Industry fund appoints administrator

HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
... it had successfully completed a $150 million fully underwritten placement of around 14.4 million new fully paid ordinary shares, which will help the firm in its bid for the investment solutions provider. "The proceeds of the placement will be used to ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... the Accloud investment proved problematic. After looking into Mayfair's asset summary, Vasco found that it did not own shares in Accloud but only had a $5 million debt investment with them so it was unclear as to why this would provide a significant ...