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Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... which is up over 100%, we participated in Spotify, which is up over 75%, while Zillow Group, Microsoft, and our holdings in next tier tech companies have also performed well," he told Financial Standard. The listed investment company's largest holding ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... future problems. "Retail investors are going to be forced to move into equities more and more to get any real returns in the next decade while their ability to navigate risk/return will be key to their success," he said. "One of the biggest mistakes ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... term deposits simply won't be able to pay the bills and we expect the cash rate to remain close to zero for at least the next two years." While investors relying on dividend income have traditionally looked to the big four banks, other opportunities ...

Cbus pledges net zero emissions

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
... class including equities. "Portfolio-wide targets give us more flexibility as to how we allocate our members' money. This next two-year road map will see climate pathways developed across sectors and asset classes, acknowledging the economy will decarbonise ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... According to Julia Lee, founder and chief investment officer of Burman Invest, numerous factors point to the "seeds of the next boom" as evidenced in unprecedented stimulus from governments and money supplied by central banks across the globe. What puts ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... the execution of our advice transformation. We will play a key role in transforming the advice industry as a whole over the next couple of years," Mota said while presenting the company's FY20 results. "FSP was on the smaller side in terms of our licensees ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... added that it is now seeking feedback from industry ahead of finalising the nine reporting standards linked to Phase 1 early next year with Phase 2, depth, commencing shortly after. APRA deputy chair Helen Rowell said the Superannuation Data Transformation ...

Advisers more bearish than clients

JAMIE WILLIAMSON  |  FRIDAY, 28 AUG 2020
... advisers have been less optimistic than retail investors, with advisers only anticipating capital gains of 1.3% over the next 12 months from local shares. That's according to the latest data from Investment Trends which shows advisers remain bearish ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... The merger is still subject to regulatory approval and other conditions, but is expected to finalise in the first half of next year. "On behalf of Aon's board of directors and executive team, I would like to thank our shareholders for their overwhelming ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... funds under administration for FY21. The stock rallied strongly, rising over 8% after the results. It continued to rise the next day, closing at $14.24.