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Showing 1331 - 1340 of 3673 results for "Maintain"

Warakirri appoints exclusive manager for equities

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Warakirri Asset Management has chosen a boutique to manage about $375 million across its equities strategies, as it moves away from multi-manager structure. Northcape Capital will now manage Warakirri Asset Management's equities strategies ($300 million ...

Multi-asset results mixed in COVID-19 sell-off

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
Although all men may be created equal, multi-asset strategies are most certainly not, with returns from balanced, growth, moderate and flexible strategies producing wildly different outcomes during the COVID-19 sell-off. In its latest report, Morningstar ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... government has made clear that this is a wage subsidy and not a wage replacement program and we would expect to see people maintain their wage levels during this program," she said. McManus also said the program's payment delay until May 1 would pose ...

VanEck rejigs China A-shares ETF

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... companies by full market capitalisation in the mainland Chinese market. "VanEck in Australia has determined CETF should maintain a broad exposure. To do this CETF will cease investing in the United States fund and will instead directly hold a portfolio ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... PBOC just recently cut its 7-day repo rate by 20 bps to 2.2% on 30 March and pledged to use multiple policy tools to maintain market liquidity. China's politburo announced that it would introduce more policies and measures to mitigate the fallout from ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... uncertainty in Australia and globally, we have taken decisive action to support our clients and people, while working to maintain the strength and resilience of our business," De Ferrari said. "Whilst the situation is rapidly evolving, our immediate ...

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
The Actuaries Institute has called on the Australian Taxation Office to play a role in spreading the impact of withdrawals from the governments early release super scheme, estimating it will see $25 billion pulled from super. The government announced ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... assets in its portfolio were held at their "fair value". He added regular independent valuations were undertaken to "maintain equity between members at all times". "The values of all investment portfolios have been adjusted to reflect the economic and ...