Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1271 - 1280 of 5158 results for "Rest"

MySuper eyes growth asset returns

KARREN VERGARA  |  MONDAY, 18 JAN 2021
... Ethical had a 50% strike rate. The stock market downturn in February and March 2020 followed by the strong recovery over the rest of the reporting period increased volatility (the standard deviation of monthly returns) significantly. Rainmaker saw MySuper's ...

Magellan continues fund restructure

ANNABELLE DICKSON  |  MONDAY, 18 JAN 2021
Magellan Financial Group has progressed to the next step of the restructure of its retail global equities funds and opened the partnership offer to eligible investors. Magellan announced in August that it was seeking unitholder approval to combine the ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Future Fund director puts WA property on the market

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
John Poynton has listed for sale his family's 15-bedroom property in Western Australia, with the price expected to be in the $7.5 million range. Sundance Lodge in Yallingup is spread over 13.2 hectares, and comes with 15 beds, 14 bathrooms, 36 car parks ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Platform inflows are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Former Christian Super deputy CIO in new role

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
The former deputy chief investment of Christian Super has joined the Cook Islands National Superannuation Fund, as it starts an internal investment team. David Brown commenced as the chief investment officer of the fund this week. The Cook Islands National ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over. But even before the UK and the EU shook hands on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles ...