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Showing 181 - 190 of 1718 results for "Minimum"

Boutique ESG fund manager folds

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... managers and had a mandate with Crestone Wealth Management. The Ethical Partners Australian Share Fund, which required a minimum investment of $25,000, had $155 million in assets at the end of March. The fund applies a negative screen on ASX-listed companies ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... it appears as though the tight labour force will persist, and along with the government's recent 3.75% increase to the minimum wage and property prices surging, the chances of an interest rate cut have been pushed. "It is becoming a lot clearer with ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... super said previously the fund has three methods of tax parcelling available: the first in, first out method; maximum gain/minimum loss; and minimum gain/maximum loss. However, going forward only the first in, first out method will be available, where ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... apply in-specie to its Bitcoin ETF (CBOE: IBTC) until December 31. However, to be eligible, investors must invest the minimum in-specie amount of $500,0000 equivalent in Bitcoin. Monochrome also flagged that from next week, the management fee for IBTC ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... reducing. Licensees that provide personal advice to retail clients on relevant financial products are due to fork out a minimum levy of $1500 plus $2878 on a per adviser basis. According to the Cost Recovery Implementation Statement (CRIS), amounts are ...

Brighter Super launches Retire Easy Pension

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2024
... growth over the medium to long term. Your regular income is paid each month, automatically set to meet the government's minimum pension payment requirements," Brighter Super said. "Your savings will be automatically invested into short, medium- ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... launching in Australia in 2015, has been terminated following poor performance and lack of investor interest. It had a minimum investment amount of $500,000. Perpetual's The Trust Company, as the Responsible Entity (RE) of the fund, decided to shutter ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... Nero Private invests in credit-vetted, property-secured loans specifically tailored for commercial finance purposes. The minimum investment amount for the Nero Private Fund is $50,000 and it has been established to deliver annual returns starting from ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... APRA-regulated superannuation fund assets as of 30 June 2023. "While some RSE licensees are well progressed in meeting the minimum requirements of CPS 190, the thematic review identified common areas of weakness," it said. APRA said improvements are ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
J.P. Morgan Asset Management (JPMAM) and iCapital have launched a new Australian domiciled fund designed to afford wholesale investors access to small to mid-market private equity opportunities. The fund, managed by iCapital, and will invest in an underlying ...