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Showing 1551 - 1560 of 9314 results for "Red"

BlackRock cuts fees on iShares ETFs

CHLOE WALKER  |  MONDAY, 20 FEB 2023
BlackRock Australia is reducing fees on two of its iShares ETFs, the iShares Core S&P / ASX200 ETF (IOZ) to 0.05% or five basis points (bps) and iShares Core Composite Bond ETF (IAF) to 0.10% or 10bps. This is a reduction of 44% and 33%, respectively. ...

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... public, we had new administrative requirements not faced before," Carver said. The GQG Partners Global Equity Fund was in the red of -4.7% over the one-year period while the MSCI ACWI Index returned -18.4%. Carver sees last year's "equity de-risking" ...

Australia survives global pension rout

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
Amid the largest drop in global pension assets since the GFC, Australian super funds held steady with lower bond allocations and Super Guarantee flows. Global pension assets had their largest annual decline since the GFC, dropping 16.7% to $47.9 trillion ...

Magellan profits down 67%

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
After a period of turbulence, Magellan reported statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
ASIC has published an Indigenous Financial Services Framework to support positive financial outcomes for First Nations people. The Framework's development is the result of extensive consultations with stakeholders, including First Nations people, financial ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ...

Lazard Asset Management slashes fund fees

CHLOE WALKER  |  MONDAY, 13 FEB 2023
From April, the global investment giant will reduce the management fee on two of its Australian equity funds for both institutional and retail share classes. Specifically, the management fee of the Lazard Select Australian Equity Fund's retail share ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker Information. Rainmaker recently conducted ...