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Showing 1291 - 1300 of 6906 results for "Shares"

Portfolio manager departs LIC

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
One of Australia's oldest global shares LICs is bidding farewell to its portfolio manager who is leaving the manager after 19 years to pursue other opportunities. Franklin Templeton announced Peter Wilmshurst's departure from the company earlier this ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... will see savings are those in the balanced growth option who will now pay 0.30% p.a. instead of 0.32%; those in Australian shares have seen their fees drop from 0.48% p.a. to 0.47% p.a.; and those in the sustainable option now pay 0.44% p.a., down from ...

First State Super enters global equities partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... provide research and modelling support to First State Super's internal investment team to build out its own international shares capability. HSBC said the terms of the partnership are unique as there is a clear separation between the mandate and R&D ...

Platinum global shares fund to shutter

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Platinum Asset Management is set to bid farewell to one of its funds, after a year of outflows. The MLC Investment Trust MLC Platinum Global Fund was closed to new investments in 2004. It is now headed for a termination, after a decision taken by MLCI ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... by 0.4% versus the US dollar and while the Shanghai composite index inched up by 0.1% (it closed before the news), China shares traded on the US exchanges dropped. According to the Financial Times : "E-commerce giant Alibaba's shares were down 5% ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... protect ETF investors, while disclosure amendments adopted by the Commission will provide investors who purchase and sell ETF shares on the secondary market with new information." SEC chair Jay Clayton added: "Since ETFs were first developed over 27 ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... sick men of Asia to become the second largest economy in the world (since 2010 when it overtook Japan); the 'A' shares in its stock market is now included in the MSCI indexes; and the Chinese yuan officially became a world currency on 1 October ...

Aussie active managers underperform

ELIZABETH MCARTHUR  |  THURSDAY, 26 SEP 2019
... the benchmark and in high performance 85% did. Top active core products for risk/return included the Macquarie Australian Shares Fund with a 16.6% pa return. In active core, the median manager would have outperformed if not for management fees. In high ...

Insider trading rife among company directors: ANU

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... after either kind of news. If the news had the potential to boost the share price, I found the directors were selling their shares, when normally, this is the time you'd expect them to be buying." Cases of insider trading prosecuted by ASIC are generally ...

AllianceBernstein wins industry fund mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
... as Green MVE, which launched in December last year. The strategy is based on the view that a portfolio of low-volatility shares may not only limit losses but outperform the market. NGS Super chief executive Laura Wright said: "We're committed to ...