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

Search Results

Showing 121 - 130 of 375 results for "Reduces"

Clime names new chair

ANNABELLE DICKSON  |  FRIDAY, 2 OCT 2020
... for an estimated $5 million in June. Of the total amount, $2.5 million is subject to a two-year escrow arrangement which reduces to $1.25 million after 12 months. Madison has about 100 advisers with $3 billion in funds under advice and around $34 million ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... device developer (Vaxxas), a Parkinson monitor developer (Global Kinetics), and a company developing a medical device which reduces the usage of contrast agents (Osprey). Similarly, Statewide Super said it had been investing in the commercialisation ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
... workflow, marketing capacity and tools and reporting to provide licensee and practice management insight which in turn reduces the amount of technology systems advice firms need to use. Netwealth joint managing director Matt Heine said a key element ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
... more appealing following its fee cut to 0.24% in June 2019, down from 0.29%," Morningstar said. "This improved pricing reduces these prior concerns, and under our revised Analyst Ratings framework Vanguard Australian Government Bond Index stacks up as ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
A $1.7 billion superannuation fund is cutting some of its fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... said it has sold 14.2 million shares in Australian Ethical, reducing its stake to approximately 5.5 million shares. That reduces IOOF's ownership in Australian Ethical to 4.9%. IOOF chief executive Renato Mota said the sale aligns IOOF's strategy to ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
... recovery accounts for climate change, while 65% of pension savers believe their pension should be invested in a way that reduces the impact of climate change. However, only 1% actively made a change in the last 12 months in regards to how their pension ...

Netwealth launches Milliman managed accounts

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... are low cost, flexible and liquid and protect against market declines. In addition, the built-in risk protection overlay reduces volatility and capital losses during a downturn and can be switched on or off by advisers when required. Milliman's Australian ...

VanEck makes case for equal weight investing

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... outperform market cap indices over the long term and during periods of market recovery." The diversification across securities reduces concentration risk and exposure to mega-caps, he said, which traditionally dominate market cap indices. "This is illustrated ...

Global boutique reduces fees

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
GQG Partners has reduced the management fees for its GQG Partners Global Equity Fund and the GQG Partners Emerging Markets Equity Fund. Management fees for the global equities fund has been reduced from 0.90% to 0.75%, and management fees for the emerging ...