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Showing 1921 - 1930 of 14210 results for "Interest"

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... currently not raised. Should the debt ceiling not be raised by the x-date, he forecast the Federal Reserve to prioritise interest and principal payments on federal securities. Moreover, contingency plans are in place to deal with market disruptions in ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... cost efficiency. "We remain committed to continuing to deliver strong investment outcomes in our members' best financial interest for the years ahead," he said. Hostplus was recently awarded AAA ratings from Rainmaker Information for six of its produ ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... just 56%," Rainmaker said. "Given ASX market capitalisation increased 106% through this same period, it means NFP funds' interest in the ASX is only keeping pace with this growth." Industry funds have long been scrutinised for ownership concentration ...

Raiz Invest launches residential property fund

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... Since its inception in December 2022, as part of a Custom portfolio, the Raiz Property Fund experienced "significant interest", prompting Raiz to devise bespoke portfolios for property investments. The micro-investing product now includes a modified ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... disgraced, and PwC said it reviewed and strengthened its controls, policies, and training with respect to conflicts of interest. Before stepping into the chief executive role in 2020, Seymour headed up PwC's tax department as its managing partner ...

E&P Investments hands over RE mandate

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
Following a call for expressions of interest, E&P Investments has selected a new responsible entity (RE) for six of its managed investment schemes. In March, E&P Investments sought to replace itself as RE of the US Masters Residential Property Fund ...

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... opportune moment for investors, as over the past 12 months short-term treasury bond yields have jumped following a series of interest rate hikes from the Federal Reserve. "Short-term treasury bond yields should continue to rise while inflation persists," ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week ...

Cbus, EISS Super finalise merger

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
EISS Super's 17,000 members have combined with Cbus, which now manages more than $80 billion in retirement savings. The completion of the merger comes about 18 months on from the funds signing a Memorandum of Understanding in December 2021. This followed ...