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Showing 1551 - 1560 of 8014 results for "Average"

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
... communications platforms include Weixin, WeChat and QQ. It also has a digital payments service, Weixin Pay, which facilitates an average of over one billion commercial transactions per day. Afterpay co-founders Anthony Eisen and Nick Molnar said the ...

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... Funds have paid a total of 162,879 early release applications so far out of 665,310 requests according to APRA, with the average withdrawal being $8002. A total of 107 funds have made early release payments. Trustees are meeting APRA's five day deadline ...

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... applications for early release, processed 162,879 of those applications; and paid members $1.3 billion. APRA said the average benefit paid was $8002. "For applications paid in the first week of the scheme, trustees took an average of 1.6 days to make ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... ratings house said. "Globally, fallen angels as a ratio to total investment-grade issuers is fast rising to its 10-year average," S&P Ratings said. "The share of investment-grade issuers with a negative bias has surged, while the list of potential fallen ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... majority holding 50% or more of assets in equities. Industry funds showed a slight bent towards property, allocating an average of 11% of MySuper assets to property compared to the retail sector's 8%. Industry funds went heavier on infrastructure too ...

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... equity vehicle iShares S&P 500 ETF as an example. The spread on this product increased to 15 basis points in March from an average spread of four basis points in February, he said, reflecting that on several occasions in March, US stock futures stopped ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
Australia has received a below average grade from Morningstar for the regulatory and tax frameworks that its managed funds face. As part of its biannual Global Investor Experience report, the research house assessed the experiences of mutual fund investors ...

Dividends could take years to return: UBS

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... cut consensus dividend per share forecasts for 2020 by 22%. "The pace of dividend revisions is now dropping at twice the average pace as seen during the global financial crisis," Stoltz said. Markets have experienced high volatility since the outbreak ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... of about $500 million. The SPP shares will be the lower of the $14.15 per share placement price and the volume weighted average price of NAB shares traded on the ASX in the five days leading up to May 22, less a 2% discount. It will see about 212 million ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... tanked rental income as well as asset prices. In March, AustralianSuper cut the value of its unlisted assets to 7.5% on average, shaving off 2.2% in returns from its $126 billion balanced option. UniSuper did the same, saying its unlisted property values ...