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Showing 2761 - 2770 of 6939 results for "% December"

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
Benefit payments for self-managed superannuation fund members jumped by 71% in the March quarter, indicating a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average ...

Investors torn over ESG capabilities

EMMA RAPAPORT  |  WEDNESDAY, 17 MAY 2017
The Australian National University has altered its commitment to socially responsible investing after changing the manner in which its domestic equities investments are managed. While the university committed to divesting from several resource and mining ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
"Three steps and a stumble" is an old market adage that foretells of a drop in the US equity market after the Fed's third interest rate hike. This is turning out to be a doozy so far - the Fed already completed rate hike number three on 15 March 2016 ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government has said drawdowns from the Future Fund will not commence in 2020-21 in order to preserve returns. As per the Future Fund Act 2006, drawdowns from the Future Fund were expected to commence at this point to meet the unfunded liabilities ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Commonwealth Bank of Australia reported a strong quarterly performance, according to a trading update released to the ASX. Assets under management rose by 6%, while funds under administration increased by 7% in the three months to March compared ...

ESG holds key to adviser client retention

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
Financial advisers that aren't doing more to incorporate ESG concerns into investment portfolios may be left in the dust by millennials. With the new generation of advice clients driving the ESG conversation, Eaton Vance head of Australia Duncan Hodnett ...

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
Assets under management on Macquarie Group's investment platform jumped 24% to $72.2 billion in the 12 months to March, recently released financial results show. While Macquarie's wealth management segment reported a flat income of $313 million for ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
Like the story of the blind man and an elephant, interpretations are often derived from which part of the animal you touched. Such is the case with the Australian Bureau of Statistics' (ABS) elephant - the latest update on Australia's "International ...

BetaShares expands to Victoria

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2017
BetaShares is celebrating its $4 billion milestone with the creation of a new role and establishment of a new office. In support of its continued growth, BetaShares has appointed a national manager, adviser services to be based in the business' new ...