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Showing 191 - 200 of 704 results for "Neutral"

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... analyst Brendan Carrig said in a July 22 note. Macquarie has moved Magellan Financial Group (MFG) to "underperform" from neutral. "MFG's performance and flows continue to drive its premium multiple, but at ~25x 1yr forward P/E, 52% above peers, we ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... to be to the upside," Eaton Vance said. "We entered the quarter cautious, turned bullish mid-quarter, and are now more neutral overall." Opportunities still exist in the EM debt sector, but professional due diligence is required to take advantage of ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

Bennelong swoops on LIC trading at discount

KANIKA SOOD  |  MONDAY, 13 JUL 2020
... head of research. Bennelong is proposing AEG investors ditch the listed vehicle in lieu of units in the Bennelong Market Neutral Fund, which it manages. "BLESM indicates the proposal is designed to eliminate the share price discount due to the difference ...

US investment firm launches in Australia

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... Giovas said. "As volatility in the broad equity markets has materially increased in recent times, we believe the market neutral focus of the Systematic Alpha Global Macro strategy that seeks to deliver consistent returns will be received well in the ...

LGS certified carbon neutral

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Local Government Super (LGS) announced it has been certified carbon neutral through Climate Active. LGS said the certification means it is one of only five Australian super funds to achieve carbon neutral status. The fund said it was awarded the certification ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... overall and discretionary spend. But, consumers still expressed optimism with more than two-thirds either confident or neutral to the prospects of a recovery over the next six months. "Super funds do need to increase engagement with members - the survey ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... The funds' investments in growth assets were "significantly impacted by the pandemic" and returns from fixed income were neutral to negative. "The virus all but erased the returns generated in 2019," the update said. The exclusion of Woolworths from ...

Pension fund in divestment hoax

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
Global climate change activist group Extinction Rebellion has come under fire after it posed as Sweden's largest pension fund and claimed it was divesting from all companies with operations in fossil fuels. On June 29 a website purporting to be that ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
... 2012, asset managers opting to self-index, and Morningstar launching the open indexes project. "The benefits of using a neutral third-party benchmark are clear: Independence matters when it comes to benchmarking," Lefkovitz said. "But what's important ...