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Showing 1251 - 1260 of 3114 results for "November 2003"

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
Only two retail super funds made the top 10 in a Roy Morgan list that measured how satisfied members felt with their fund's financial performance. The two retail funds to make the list were Asgard and Macquarie and they were below the average satisfaction ...

Watermark pulls out of global equities

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
Watermark Funds Management is shuttering its global equities business, saying farewell to a number of senior staff. The ASX-listed fund manager announced it is in the process of liquidating its international exposures and will return to its original ...

BT launches new managed accounts offerings

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
BT Financial Group launched a suite of managed accounts on its flagship platform, and said further additions will soon follow. Six active diversified managed portfolios have landed on BT Panorama's full and compact menus, offering clients different ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines ( dis-United Kingdom prime minister Theresa May survived the vote of no confidence immediately called after the crushing defeat of her proposed Brexit deal in the House of Commons); so is the US government ...

AustralianSuper consortium ups bid for Navitas

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
The BGH Consortium, which includes AustralianSuper, has finally unlocked the doors to Navitas after it upped its previously rebuffed bid to acquire the company. The Navitas board yesterday granted exclusive due diligence to the consortium, after it ...

Boutique shuts down fund

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
Premier Asset Management has wound up a 17-year-old retail fund with about $35 million in assets under management. The Premier Global Select Fund had about 90% of its assets invested in exchange traded funds (ETFs) while the remaining 10% were a mix ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity. The (dis)United Kingdom's Prime Minister Theresa May and her proposed Brexit deal lost big time in the House of Commons by a record 230 ...

Poor equities performance sees MySuper suffer

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The average returns for MySuper products dropped to 1.9% in the 12 months to November 2018. This was a fall of a further 1.1 percentage points from the 12-month average return seen at the end of October, analysis from Rainmaker shows. The low returns ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
ASIC has suspended the AFSL of an online stockbroking firm until 10 January 2020. Halifax Investment Services had its licence suspended shortly after it went into voluntary administration. ASIC said the terms of the suspension will allow Halifax clients ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
About this time last year, financial markets were awash with speculation the Bank of Japan (BOJ) would follow the Fed's lead and start implementing a monetary policy exit strategy. Speculations started to gain prominence as early as January 2018 ...