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Showing 1691 - 1700 of 6214 results for "SIX"

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... short-term cash savings is on the rise." "The number of households saving each month increased three points to 51% in the past six months - its equal highest level since the survey began, with the estimated average amount savers are putting away increasing ...

Investment Manager of the Year named

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... multiple performance ratios such as Sharpe and Sortino. That same analytical process was applied to 20 other categories across six major asset class sectors. "The Investment Leadership Awards reward investment managers that see their job as more than ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... completed at September end. IOOF now has $145.7 billion in total funds under management/administration, growing 5.2% in the six months to December end. The six months brought net inflows of $1.5 billion but this growth was offset by impact of Protecting ...

JP Morgan appoints two Aussie leads

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... mergers and acquisitions and real estate investment banking. He spent more than ten years with the bank. Ranson also spent six years working as the head of real estate investment banking at Merrill Lynch, as well as five years as a director of brokerage ...

Natixis hires insto sales director, opens Melbourne office

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... tailoring and intellectual rigour will be an excellent fit for our business." Prior to the role with Natixis, King spent more than six years with Stone Harbor Investment Partners. He has also worked as an investment consultant at global asset consultancy ...

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
... if the member becomes unemployed. VicSuper has also increased the time allowed to apply for life events cover from two to six months.

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
Latest surveys show an improvement in Australian consumer and business confidence despite concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... report presents findings from ASIC's review of a broad range of communications material from 12 superannuation funds with six million member accounts. The regulator said the funds were chosen on the basis that, because of their relatively high number ...

Compensation bill hits $750m

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
Six of Australia's largest banking and financial services institutions have so far paid, or offered, a total of $749.7 million in compensation to customers, according to new data released by ASIC. The regulator said AMP, ANZ, CBA, Macquarie, NAB and ...