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Showing 171 - 180 of 1025 results for "BEAR"

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... increase to its administration fee, going from $1.50 per week to $2.25 per week. In addition, First Super said members will also bear the brunt of an increased asset fee, from 0.05% to 0.18% a year for accumulation accounts. First Super said the fee ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... no one and nothing is immune from the spread of the coronavirus. It's now turned the bull market in crude oil into a bear. Crude oil prices sank by more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent oil down 16.4% ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
In another board departure, Sargon subsidiary Tidswell has bid farewell to a board director who chaired the investment committee. Stephen Miller flagged his intention to resign from the trustee board and his committee roles with Sargon in December 2019 ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has urged AMP to formally commit to mediation as it moves to exit up to 250 financial planning businesses. Carnell said over 80 AMP advisers have visited her offices in the ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
Aussie investors have swapped the bull for the bear, as macroeconomic and geopolitical tensions weigh heavily on high hopes for a repeated 2019. That's according to the latest research from Investment Trends, which found that investor sentiment ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
It could have been because it happened at the same time that the coronavirus was making the headlines, or because financial markets widely expected it, or a bit of both, but the European Central Bank's (ECB) first Governing Council meeting for 2020 ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... remuneration obligations. In its proposal paper, the government said that while the FAR adopts the "essential structure" of the BEAR, it was important for the industry to note key differences, such as that the regime will be co-administered by the two ...

Boutique shuts Aussie equities fund

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... must consider that if those redemption requests are met immediately, whether unit holders who continue to hold units may bear a disproportionate burden of capital gains tax or other expenses, or whether the meeting of those redemption requests would ...

Fraudster dyed hair, grew beard to evade regulator

ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
A man who was jailed over a hedge fund collapse dyed his hair and grew a beard in an attempt to go unrecognised as he launched a new bitcoin scheme. The US Securities and Exchange Commission charged Boaz Manor last week with raising over US $30 million ...

SGE extension could hurt small entities: FSC

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... would be as a result of the increased "regulatory compliance burden" those entities and underlying portfolio companies would bear. The FSC said that if the legislation was designed to bring large investment entities into the scope of Multinational Anti-Avoidance ...