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Showing 1181 - 1190 of 5853 results for "Short"

Bragg renews calls for Future Fund to manage super

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
Liberal senator Andrew Bragg has launched a short paper to push for the sovereign wealth fund to manage all superannuation unless a worker opts out. The 20-page widely spaced paper titled Competition for Workers' Superannuation characterises the current ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The June quarter saw wages rise a measly 0.4%, lower than the growth of the previous two quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... part to an ongoing surge in retail trading, were tempered by the effects of the RBA's current policy settings on both short-end futures volumes and interest income. This led to a 3.6% fall in statutory profit to $480.9 million - down $17.7 million," ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... that markets like the US have the breadth and liquidity required to facilitate successful trading from either the long or short side," he said. As part of the price reduction, Saxo is offering a cost saving on foreign exchange conversion fees if investors ...

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... investments and that they will add to building a stronger Magellan over time," the group said. "At Magellan, we do not focus on short term earnings or performance and that will not be changing." MFG shares had slid 8.5% by mid-day from Monday's close ...

Another departure on AMP Capital MAG team

KANIKA SOOD  |  MONDAY, 16 AUG 2021
AMP Capital's head of portfolio management for the multi-asset group Darren Beesley is leaving the firm to pursue an external opportunity. Beesley spent five years at AMP Capital after previously working at IAG Asset Management and Perpetual's ...

Rating houses recommend Pengana funds

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Following changes in portfolio managers and a distribution lead, Pengana has received strong recommendation for its funds. The Pengana Harding Loevner International Fund, Pengana Axiom International Ethical Fund and Pengana Axiom International Ethical ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... "This July Survey was conducted between July 20 and July 30. Over this period, NSW remained locked down, SA underwent a short 7-day lockdown and Victoria had opened up - but saw a significant period of June in lockdown". All before the implementation ...

Praemium appoints chief executive

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... company." Praemium will pay Wamsteker $600,000 base pay including superannuation, up to 50% of base salary as performance-based short-term incentives, and performance rights as long term incentives. In May, Wamsteker replaced Michael Ohanessian as the ...