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What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... reform, super fund consolidation, fee pressures and governance also proved popular. Before we leave you with the year's top stories, the Financial Standard team wishes our readers a safe and happy holiday period; we look forward to bringing you the ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... Macquarie Wrap, and asset consultants are evolving, along with the regulatory environment in which they operate. These are our top picks for funds management stories this year: Cash plus funds shape shift under ASIC's gaze The regulator had its eye ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury properties holding onto value. The eastern suburbs of Sydney accounted for the most expensive houses ...

Active manager winning streak short lived

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... isn't key for many active fund managers, as a new report finds their ability to consistently beat benchmarks and stay in the top quartile is fleeting. The S&P Dow Jones Indices' biannual report found only a small number of outperforming or high-performing ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
School banking programs are marketed as a force for good in the community, targeting vulnerable customers in young children who don't end up improving their financial management behaviour, ASIC's two-year review found. After engaging nearly ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... Morrison's statement that the Chinese government's most recent "art of convincing" is a "lose-lose" position (China's top economic planner has approved power plants to import coal without clearance restrictions from several countries "EXCEPT those ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... in ASX's ETF marketplace in the year to September, with BetaShares taking the biggest slice. BetaShares came out on the top, ringing up $46.8 million in revenue (or a 22% slice of the total) in the period. It currently has 58 ETFs - the highest of ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... Infrastructure, Fidelity International and Vanguard, to name a few," Kennaway said. The research house used a grading scale of top, above average, average, below average and bottom and measured countries based on simplified and non-simplified prospectus ...

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... Employees' Superannuation Fund has appointed a former Link Group general manager and industry fund chief executive to its top job. MIESF has named Katherine Kaspar as its incoming chief executive, following the announcement that Bill McRobert will retire ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... The independent Office of Budget Responsibility reckons that no-deal will cut next year's GDP by an additional 2%, on top of the costs from shifting to an FTA." In addition, Factset reports that: "A few commentators and articles highlighted that ...