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Showing 271 - 280 of 997 results for "Cash Rate"

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%. The Pendal Managed Cash Fund will go from charging 22bps per year to 12bps, while the Pendal Stable Cash ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... fund returns, she said, as yields on Australian government bonds sit between 0.5-0.9% per annum, while the official cash rate is at 0.25%. "This shows that there is an increased pressure on the superannuation industry both in terms of liquidity but also ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... markets remain functional. The RBA board decided to maintain the current policy settings, including the targets for the cash rate and the yield on three-year Australian government bonds of 25 basis points. Additionally, the RBA said while the government ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... investment size set at $1000. The Metrics Direct Income Fund is targeting 3.25% per year above the Reserve Bank of Australia cash rate, with monthly income. The new fund, which has a minimum investment size of $1000, will act as a wholesale investor ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... Australia (RBA) also lowered interest rates - it cut three times in 2019 (June, July and October) taking the official cash rate to a fresh record low of 0.75% and was expected to cut rates by at least another 25 bps in 2020. The Morrison government's ...

Perth hit worst in housing crisis

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... segment of 0.1%. Owen said more expensive property can be most reactive and volatile in responses to changes in the cash rate. "The performance of property markets amid COVID-19 suggest the high end of the market may also be more responsive to negative ...

Challenger raising $300m, to add IG bonds

KANIKA SOOD  |  MONDAY, 22 JUN 2020
... Challenger managing director and chief executive Richard Howes said. "This is well above our pre-tax ROE target of the RBA cash rate plus a margin of 14%. Importantly, we can capture these opportunities, while maintaining our current defensive portfolio ...

UBS Australia launches new CBRE fund

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... estate. The fees are 1.2% per year in base fee and a performance fee of 20% on the performance above a hurdle of RBA cash rate plus 5% after fees. The fund will be priced daily but have monthly application/redemption windows. At the moment, UBS is marketing ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... bond market after excluding issuance from the big four banks. IYLD is targeting 0.75% to 1% yield margin over the RBA cash rate and will charge 12bps per year as fees. The second launch, iShares Core Corporate Bond ETF (ICOR), invests in Bloomberg AusBond ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping the cash rate at the record low of 0.25%. "The global economy is experiencing a severe downturn as countries seek to contain the coronavirus. ...