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Showing 1531 - 1540 of 6963 results for "March"

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
... of performance based fees to some of our investment managers. "For example, buying shares and credit at lower prices in March/April 2020 have had a positive impact on fund performance." The Australian shares, bonds and credit income investment options ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... considering the state of the US economy which is in deep recession - GDP contracted at an annualised rate of 5.0% in the March 2020 quarter and a record 31.4% in the second quarter - and, although down from the all-time high of 14.7% recorded in April ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... use the $45 million raise to acquire a nickel-cobalt refinery in Brazil, including purchase deposit, lease payments from March 2021 and restart study costs. It will also use the money for Idaho Cobalt Operations. The superannuation fund is already a ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's long-term financial position ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... also comes at a time lackluster performance. It returned -21.15% in the year to September end, for the A class set up in March 2005. Since inception, the class returned 4.82% p.a. split as growth of 3.52% p.a. and distribution of 2.68% p.a. Invesco last ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... the June quarter's growth of 3.2% which itself, represented a sharp recovery from the 6.8% contraction recorded in the March 2020 quarter. Sure, China's third quarter growth was less than market expectations for a 5.2% print but it affirms the ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
... intention to retire. Bill McRobert will depart as chief executive of the Meat Industry Employees' Superannuation Fund (MIESF) in March of next year. The decision brings to an end 13 years of leadership for McRobert, who took over in November 2007. MIESF ...

ASX200 advance climate targets

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
... analysis or have it planned for the next financial year. The research benchmarks all corporate disclosures filed up to 31 March 2020 and has been released as companies start to announce their new climate targets. ACSI chief executive Louise Davidson ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... policy also working through balance sheet expansion. As I noted earlier, our balance sheet has increased considerably since March, but larger increases have occurred in other countries. We are considering the implications of this as we work through our ...