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Showing 1221 - 1230 of 10163 results for "Index"

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... performed strongly," Costello said. "In the March quarter, global stock markets fell dramatically and the Australian equities index dropped over one third. There has been recovery since then, but the local market still remains significantly below the ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... global study, which rated the $3 trillion superannuation industry a 'B'. The Mercer CFA Institute Global Pension Index ranked Australia fourth out of 39 countries in its annual study, trailing behind the Netherlands and Denmark, which received ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... underscores the improvement in activity. Although still in contraction territory (below the 50 reading), the composite PMI index has sequentially improved from a record low reading of 25.8 in April this year to a seven-month high of 46.6 in September. ...

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... strategy, which is expected to take effect by the end of June 2021. The mandate is part of NZWM's move to a predominantly index-based strategy, including for clients in its NZ$6.2 billion KiwiSaver Scheme, the default pension for more than 200,000 ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
All four of Sunsuper's superannuation investment options have had their ratings downgraded by Morningstar following its revised ratings framework. The $70 billion industry fund's balanced, growth, conservative and retirement options are now ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... the March-April wave, saw big spikes in cases." These are already impacting business activity in the region. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month of decline. Manufacturing activity ...

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
... First State has regained the top spot in the Forrester Research's 2020 Australia Superannuation Customer Experience Index for its ability to provide members "effective, easy and emotionally positive experiences". Sunsuper came in second, followed ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... before tax. Since its inception, it has returned 17.4% per annum. In comparison, its benchmark S&P/ASX Small Ordinaries Index returned -0.6%, -2.7% and 6.1% over the same time periods. The index has returned -0.6% per annum since July 2018. For context ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading of 105 index points - more optimists than pessimists - in the month of October that followed September's 18% jump. No need to re-invent ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... The new Australian Shares (Indexed) option aims to achieve a gross return matching that of the S&P/ASX 100 Accumulation Index over three years. The investment fee charged on this option is set at 0.07%. Meanwhile, the International Shares (Indexed) option ...