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Showing 241 - 250 of 1129 results for "Gross"

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... asset owners announced the agreement with City ID overnight, set to see the aparthotel provider grow its portfolio to a gross asset value in excess of $810 million (€500 million) over the next four years. City ID is one of the leading aparthotel providers ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... of ANZ's retail funds whereas AMP's decrease was impacted by the sale of its life insurance business to Resolution Life. Gross inflows for the year to June 2020 were $192.2 billion, up 6.9% from the previous 12 months. While wholesale funds declined ...

Iress appointed mandate

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... couldn't have been easier," he said. Iress' managing director of financial markets for Australia and New Zealand Kirsty Gross said: "The ability to retain the trusted Iress market data and trading ecosystem, while expanding into US trading, provides ...

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... member's occupation rating (general, office or professional), waiting period (30, 50 or 90 days) and benefit period. Gross cost includes a member's insurance premium plus an admin fee of 4% of the premium. Net cost is gross cost minus tax deduction ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... much about guarding and protecting capital. It was designed to try and perform better in downturns as opposed to outperform gross markets. The theory was to protect the capital and take gains where we get them. We've reviewed that and adjusted it ...

Boutique launches Aussie equities fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... index's 2.69% to August end. The equivalent strategy, which has been running as an SMA since 2007, has delivered annual gross yield of 6.6% over the period at July end. It got the highest Lonsec rating "highly recommended" after a review earlier ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... survey tracks a total of 27,000 manufacturing and services companies, in over 40 countries that account "for 89% of global gross domestic product (GDP)". The latest reading from the survey showed the composite index rising to a reading of 52.4 in August ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... Miller said. "This reflects a significant 42% increase in social assistance benefits (welfare payments) and 22% increase in gross mixed income (boosted by JobKeeper), while compensation of employees (wages) only saw a fall of 2.2% (also supported by ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... Management managing director Don Hamson said despite the hearsay that dividends would be diminished as a result of the pandemic, gross equity income looks better as results on cash products diminish. "Over the coming 12 months Australian equities will ...