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Showing 1881 - 1890 of 7108 results for "December"

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... the ATO said is something they have seen before. ATO assistant commissioner, Dana Fleming, said that from July 2019 to December 2019 there was a year-on-year increase in SMSF applications of 5.5%. "That's really interesting because whilst we have ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... financial hardship from quarantine, job losses, or childcare are able to take up to US$100,000 from their accounts until December 31 without having to pay the 10% penalty usually applied for early withdrawals by people below 59.5 years of age. Adviser ...

New ASIC guidance on active ETFs

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... the admission of new active ETFs with internal market making as it reviewed the sector, eventually lifting the ban in December. The regulator first raised its concerns about internal market making in 2018 when it published its review of the ETF industry ...

Man Group hires from BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... number of years. We feel that he will be a good fit both within Man GLG and the broader Man Group business." As at 31 December 2019, Man GLG had $31.6 billion in funds under management. "I am keen to return to focusing on investing for clients and Man ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December end to $86 billion at March end, after losing $3.9 billion to outflows, and $15.7 billion to investment-related factors (performance ...

Vanguard boosts superannuation team

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
... almost five years as executive manager - operations at $17 billion industry fund CareSuper. She left the super fund in December last year, telling Financial Standard : "I am taking a short break, spending time with my family before exploring opportunities ...

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... value reduction of 10% would imply a 60 basis point create in yield, based on the record low 5% yields registered in December 2019. "If, at the same time, NOI were to fall by 6% (as happened in the early 1990s), the implied increase in NOI yield would ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... assets of Sargon Capital are still being worked through by Wexted. Sargon Capital had about $109 million in net assets at December end, and $61.7 million in total equity. It reported $121.6 million in total income from FY16 to first half of FY20. During ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... currently more than 67,800 confirmed cases of the virus in the province, however, since the beginning of the outbreak in December, more than 64,000 people have recovered from the virus in Hubei alone. Despite the US' own increasing body count, markets ...

COVID-19 to push life premiums up: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... reinsurers are bleeding worse than ever before, with a combined after-tax loss of $1.3 billion reported in the 12 months to December 2019 for risk products. "COVID-19 will deliver a further hard blow," Rice Warner said. The firm highlighted the sudden ...