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Showing 1711 - 1720 of 8326 results for "Retail"

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... sheeted back to advisers. All too often it is financial advisers that bear the brunt of these poor insurer practices." The retail life insurance industry has adopted these discounts to gain market share but the research demonstrates how over five to ...

Charter Hall, sovereign wealth fund partner

JAMIE WILLIAMSON  |  MONDAY, 17 AUG 2020
... transaction follows regular dialogue with the Ampol team over the past two years and reinforces our confidence in the convenience retail sector," Charter Hall managing director and group chief executive David Harrison said. "The extension of our 15-year ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... non-repeat of the COVID-19 Economic Adjustment top-up at March, partly offset by higher collective charges given deteriorating retail asset quality and re-ratings across non-retail exposures, combined with higher specific charges relating to a small ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... super assets as a share of gross domestic product, this converts to 1.6% of GDP. Looking at 93 not-for-profit funds, 68 retail offerings and seven eligible rollover funds, the average fee charged to members now sits at 1.04%. In 2018-19, the average ...

Melbourne boutique deepens Canadian ties

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
Munro Partners is introducing a global equities strategy to Canadian retail investors, after raising $1.5 billion in Canada since January 2019. The CI Munro Global Growth Equity strategy was launched to Canadian institutional investors in January, 2019 ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... said this was partially offset by cost savings in the business. It added that it's aiming to build a "best-in-class" retail super business, saying it has completed phase one of simplification in parallel with the completion of Australia and New Zealand ...

Warakirri launches retail funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital. Warakirri is launching a new global emerging markets fund that invests in 20-40 stocks. It is managed by Northcape, whose ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Magellan is readying a new low-cost lineup of its strategies for retail investors, as it reports 5% higher net profit after tax of $395.2 million for FY20. The Magellan Core series will kick off as open-ended funds on Chi-X (so far its ETFs use ASX ...

Yarra Capital adds to distribution team

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... significant benefit to the Firm as we continue to build out our distribution strategy." Serving Australian institutional and retail markets, Yarra's offering includes its fundamental Australian equities product set, consisting of long-only, concentrated ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
... in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail and construction, which saw more modest falls, the other industries declined by 17-19pts. Confidence is now weakest in retail ...