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Showing 231 - 240 of 1134 results for "Gross"

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... inflation. However, loan impairment expenses were $550 million for the quarter which equates to 28 basis points of average gross loans and acceptances. Consumer arrears have been insulated by loan repayment deferrals and government support with just ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... million, he said in the memorandum of information. The fund is targeting annual post-fee return of 8% and over, with 4% gross dividend yield. It will start with investments in 11 underlying investments in four sectors. This includes renewables (four ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... which has returned 16.9% per year since its inception nearly four years ago. The fund invests in 30-50 positions, with a gross exposure of 50-150%. Average long positions are 3% of the fund's NAV while average short positions are 1.5% of NAV. The ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... investors while not overlapping with its institutional investor base. The Private Wealth division is aiming for $200 million in gross asset value over the next 12 months. The firm said it has a $4.3 billion development pipeline and has delivered 16.7% ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... investment fee is charged on Rest's indexed balanced option. The new Australian Shares (Indexed) option aims to achieve a gross return matching that of the S&P/ASX 100 Accumulation Index over three years. The investment fee charged on this option is ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... vulnerable clients placed their trust in Mr Dick and relied heavily on him to manage their finances. His conduct involved a gross breach of this trust and resulted in significant losses for his clients over more than ten years. His sentencing should ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... asset gathering by investment managers, they do not appear to generate commensurate benefits for plan sponsors via higher gross returns or lower fees," the research found. Hiring on the basis of performance is problematic too though. The research found ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... transaction with Mater. Mater owns and operates an extensive network of hospitals, health centres and a research institute with gross assets of over $1 billion. The purchase price of $122.5 million upon completion reflects a passing yield of 4.84%, with ...

Clime partners with asset consultant

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
... acquired Madison Financial Group which has 100 advisers with $3 billion in funds under advice and around $34 million in gross revenue.

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... Commonwealth governments as a result of the discretionary fiscal measures and economic contraction. "Fitch forecasts Australia's gross general government debt will jump to around 60% of GDP by the end of the fiscal year to June 2021 from around 42% at ...