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Showing 1251 - 1260 of 5905 results for "Second"

Index fund tops risk-adjusted rankings

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
... emerging markets category, Fidelity's Global EM Fund came first place, while Legg Mason Martin Currie's EM Fund ranked second followed by Schroders' Global EM Fund. In the Australian equities active core category, Macquarie's Australian ...

IOOF completes phase one of platform consolidation

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
... reducing the cost-to-serve," he said. Overall, Evolve now has more than 200,000 client accounts and $20 billion FUA. The second phase of the migration is expected to be completed by the end of 2021. By that time, the platform will have over 260,000 client ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... Markit: "The service sector revival accompanies a booming manufacturing sector, meaning GDP should rise strongly in the second quarter. With a survey record build-up of work-in-hand to be followed by the further loosening of covid restrictions in the ...

MLC Life appoints claims chief

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
MLC Life Insurance has appointed its new chief claims officer, who left QBE after more than 16 years with the insurer. On August 16, Andrew Beevors will take on the role of chief claims officer, reporting directly to chief executive Rodney Cook. Beevors ...

BlackRock rejigs Aussie shares fund

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... assets are invested in consumer discretionary stocks including pureplay e-commerce player Redbubble. Industrials are the second-highest sector exposure, accounting for 12.9% of the fund. The strategy has returned 46.5% in the year ending April, to the ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... 2019. The bank said it expects the ultimate completion of the divestment will occur via a statutory asset transfer in the second half of FY21, at which time the remaining proceeds of approximately $100 million should be received. CBA has now received ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... spending. The Westpac-Melbourne Institute index of consumer confidence remained elevated at a reading of 113.1 in May -- the second highest print for the Index since April 2010. One that augurs well for the continued acceleration in household spending ...

How noise impacts trading performance

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
... markets behave normally. However, the move to high volatility can happen suddenly, known as the transition phase." In the second week of March, the researchers said, volatility as a number surged from 17% to 85%. "Our findings suggest that the manager ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... 10 basis points. At the July meeting, the board will also consider future bond purchases following the completion of the second $100 billion of purchases under the government bond purchase program in September," it has said. Then again, it doesn't ...

IFM adds to board

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
The $150 billion fund manager has added an independent director, in its second board appointment based in North America. Theresa Whitmarsh is an executive director at Washington State Investment Board (WSIB) which manages retirement plans and funds ...