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Showing 1911 - 1920 of 5520 results for "Class"

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
Treasurer Josh Frydenberg has announced the government will commit more than $1.6 billion to provide support to the country's ageing Australians, but experts say the measures don't go far enough. The Treasurer announced the record funding would ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... the proposed tax cuts. "We've said that we will support the income tax cuts that provide extra help or lower and middle class workers. We've said for some months that we would support that," Chalmers said. "We are inclined to support [the business tax ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

ESG ETF demand rises: Research

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... like to see further developments in SRI/ESG-based ETFs and/or low-carbon ETFs. Many asset managers (45%) favour a best-in-class (positive screening) approach to SRI/ESG implementation over the thematic approach (30%) and the negative-screening approach ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... holdings, Rainmaker found. "Two-thirds of funds practicing holdings disclosures were also found to disclose fund-wide or asset class wide holdings with a smaller number disclosing their holdings at option level," Rainmaker said. On the equities front ...

Lazard launches new fund

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... has launched a new registered managed investment scheme, offering Australian investors access to a US$500 billion asset class. The Lazard Global Convertibles Fund offers exposure to a global portfolio of convertible bonds, with a maximum 10% equity position ...

Aussie fundie receives global recognition

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
An Australian fund manager has made the best female global fund managers list for the second year in a row. Fidelity International portfolio manager Kate Howitt was ranked 11th on UK publication Citywire's list of the top 30 female fund managers ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
For the fourth year in a row, Australia has ranked in the top 10 countries in the world for retirement outcomes but the impact of the pandemic will be felt for some time, new research from Natixis Investment Managers shows. Australia nabbed the seventh ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... million. The deal excludes the bank's 37.5% equity interest in BoCommLife Insurance Company. It was only last month that a class action lawsuit was filed against CBA by Shine Lawyers on behalf of customers who obtained CommInsure life insurance products ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... The Australian Leaders Fund (ASX: ALF) will seek court and shareholder approval to convert all its units to a new share class in Watermark's unlisted Absolute Return Fund. It follows ALF appointing an independent board committee on September 3 to review ...