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Showing 1511 - 1520 of 8013 results for "Average"

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... applied to defer their mortgage repayments with their lender. This may be because the majority of respondents (45%) had an average household income of $100,000 to $200,000 annually. Only a small percentage (5%) of respondents indicated the pandemic had ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... some members after identifying performance discrepancies in its cash and Australian bonds holdings. REI Super said the average estimated credit is less than $60 per member, and the effect of remediation on fund members as a whole is "minimal". It initially ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... funds, with no fewer than 500,000 members," Right Lane's report reads. "Under this system, those who currently join an average sub-scale fund at the start of their working lives could be $45,000 better off by the time they retire."Right Lane associate ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... down significantly from the 2231 advisers who sat the February exam. The April exam saw 79% pass, below the 86% overall average pass rate for the exam. Registrations for the June exam, also to be held remotely, have been extended until 29 May 2020. Registrations ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... retirement goals," she said. "Super funds are serving up one-size-fits-many approaches to investing that might look sensible on average, but in the real world, nobody is average. "While MySuper has helped nudge people into higher growth default options ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 business days to pay after receipt of the application from the ATO and 94% have been made within five business days. ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... strong set of half-year results," he said. "We continue to see upside for both companies given the likelihood of an above average wheat crop and high livestock prices." The automotive sector is likely to do well over the coming months, he said, with ...

Industry flocks to JobKeeper handouts

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... resilient with only 1236 enrollments for the payments. Nearly 87% of the applications were from small businesses with average annual turnover of less than $2 million. Large organisations (with greater than $250 million in turnover) had seen 1582 enrolments. ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... Exchange, the world's third largest) upped its revenue, net income and EPS forecasts at March end, citing the change in average daily volumes. It increased its operating revenue for the year ending March 31 from 117,000 million Yen to 123,000 Yen. ...