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Showing 1421 - 1430 of 8613 results for "Lower"

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... that labelled themselves as 'cash funds', had asset holdings akin to a bond or diversified fund and hence, higher risk and lower liquidity as compared to cash. It took particular note of 'cash plus' or 'cash enhanced' labelling, where ASIC found 50% ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... 6.3% or $48.9 billion, regaining almost half of the loss incurred in the March quarter. The top four providers recorded lower funds under management: AMP ($137.4bn, down 12.1%), NAB/MLC ($110.8bn, down 7.5%), CBA/Colonial ($108.3bn, down 4.1%) and BT ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... dollar broadly aligned with its fundamentals, it is not clear this would be effective in the current circumstances. (3) lower the current structure of rates in the economy a little more without going into negative territory. The remuneration on ES (Exchange ...

Ethical super fund overhauls fees

ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
... and administration fees. Cruelty Free Super will change its fees from 1 October 2020, in a move that the fund says should lower the cost over all for members. Investment fees will reduce from 1.25% per annum to 0.93% per annum. Admin frees will increase ...

Chief economist update: Dan defeats second wave

BENJAMIN ONG  |  TUESDAY, 22 SEP 2020
... may be, it's starting to work downunder. Melbourne's 14-day average of coronavirus infections continues to trend lower, this day at 32.8 persons - within the average 30-50 case rate that the Andrews government declared would trigger an easing ...

The future of infrastructure is digital: Macquarie

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... sector there are a whole host of different opportunities, much like in the traditional infrastructure space. "You can go from lower growth, more yield focused opportunities to higher growth opportunities; you have the same in digital infrastructure," ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
Superannuation industry stakeholders are in talks with the prudential regulator to devise a lower cost option for fund mergers, with smaller funds currently facing the potential of being priced out of merger opportunities. Appearing as part of a session ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
Wealth management company Netwealth has announced its investment and partnership with data solutions fintech Xeppo. Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... growth at 25.7% followed by BlackRock at 16.5% and Vanguard at 6.4%. The rest of the leading wholesale managers suffered lower results with NAB/MLC at -20.6%, Pendal at -8.9%, Victorian Funds at -7.6% and AMP at -5.9%. Gross inflows for the wholesale ...