Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2121 - 2130 of 5520 results for "Class"

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... provide a break down of returns for different asset classes in the $167 billion portfolio. "We don't normally report asset class returns in detail because we have always and continue to think that it's the whole portfolio that matters." "Having ...

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
With volatility still high, economic activity uncertain and investor sentiment low, a collapse in earnings could trigger another fall in risk assets. According to State Street Global Advisors senior investment strategist Raf Choudhury, this uncertainty ...

AMP Capital shutters global equities fund for platform investors

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... equities fund for wholesale investors on platforms. AMP Capital's wholesale global equity - growth fund for platform investors (Class M) was closed last Friday. The decision was taken by the fund's responsible entity, National Mutual Funds Management ...

Powerwrap adds Chi-X offering

ALLY SELBY  |  TUESDAY, 21 APR 2020
... said. "We have a bespoke-style platform service that offers the broadest range of products in the market across all asset class and utilises the best of breed execution capabilities for all securities." The platform caters to specifically high net worth ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
An AFSL holder asked the court to review its entreaty to ASIC to waive industry funding levy for services that it was licensed to offer but did not. Polymath Investors acquired an Australian Financial Services Licence in 2010 to work with wholesale ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
A $10 billion industry superannuation fund has managed to lock in gains from a tail-risk hedging strategy during recent market volatility amid the COVID-19 pandemic. Vision Super has had tail-risk protection in place for its defined benefit plan for ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... companies in the wake of the March sell-off. According to Greenup and FSI's global listed infrastructure team, the asset class is suffering from mispricing, particularly across energy infrastructure, toll road and airport sectors. "The gap to intrinsic ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... fiscal stimulus could total between US$3-5 trillion; or 15-25% of GDP. Despite this, State Street Global Market's multi-asset class strategist Marija Veitmane believes US stocks will continue to outperform. "[The] US is weeks behind many European and ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... small-to-medium-enterprise borrowing. Meanwhile, Lonsec's asset allocation committee has decided to diversify within its existing asset class allocations, as it awaits clarity in the lead up to a rebalance. In the past few weeks, it has added gold into ...