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Showing 1291 - 1300 of 5916 results for "March 10"

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
Australia's sovereign wealth fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
Invesco is winding down a listed property fund for wholesale investors as it fails to achieve scale. The Invesco Wholesale Global Property Securities Fund - Hedged had $62 million in assets at September end via two share classes, started in 2001 and ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
China's cruel to be kind policy continues to pay dividends. Criticised and condemned they may be, but the swift and continued improvement in the economy prove that the Politburo's draconian restriction and lockdown measures implemented at the ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
The long-serving chief executive of an industry superannuation fund has announced their intention to retire. Bill McRobert will depart as chief executive of the Meat Industry Employees' Superannuation Fund (MIESF) in March of next year. The decision ...

ASX200 advance climate targets

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
More of Australia's top 200 companies are implementing strategies in response to climate change, new research shows. The Australian Council of Superannuation Investors' (ACSI) annual benchmark analysis shows ASX200 companies' climate-related disclosure ...

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

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
Despite COVID-19 volatility, financial advisers have managed to deliver value of 5.2% or more each year to clients, according to new research. It's the key finding of Russell Investments' Value of an Adviser Report for 2020, saying this is the case ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
A small cap fund backed by two fresh-faced investors with no prior funds management experience has managed to outperform the benchmark consistently since its inception in July 2018. As of August 31, Spatium Capital's Small Companies Fund returned ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...