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Showing 2911 - 2920 of 8277 results for "Performance"

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... standards and greater competition, in particular from the non-bank sector, have combined to constrain the major's revenue performance in retail banking." He explained these challenges don't look like they are going to go away any time soon, and the banks ...

Challenging conditions sting IOOF

HARRISON WORLEY  |  FRIDAY, 3 MAY 2019
IOOF recorded net inflows in the third quarter, but its performance suffered in comparison to the prior corresponding period. The embattled wealth manager recorded net inflows of $337 million in funds under management, administration and advice for ...

Boutique fund house adds distribution lead

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
... thanks to his experience in client management and business development. "Anthony is an experienced manager of high performance sales teams and has an in-depth knowledge of the asset management industry," Hiscock said. "He also has a strong understanding ...

Pendal profits plunge, advisers remain positive

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
Pendal Group attracted $100 million net in adviser money in the first half, even as lower performance fees from its funds dragged down the first half results. Pendal reported a cash net profit after tax of $84.5 million, down 26% over 1H18. This slump ...

APRA amends member outcomes standard

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
... funds to improve their strategic and business planning. This includes undertaking a holistic assessment of the RSE's performance in executing its strategy and sustainably delivering enhanced outcomes for members. The Bill on the other hand introduces ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% better than its set target. "The last quarter showed strong returns in public equity markets, no doubt ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... on the ASX on 17 June 2019. In terms of costs, management fees sit at 1.50% per annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief investment officer Phil King ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... accounts increased 1% during the 12 months before December 2018 to reach $691 billion. However due to poor stock market performance, local and international platform funds under advice was down for the December 2018 quarter. BT Financial Group remains ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
... ratio for smaller banks. So much so that when the Chinese Politburo met and reviewed the economy's first quarter performance on Good Friday, it was good. Unlike in previous Politburo tete-a-tete, the latest statement no longer mentioned "stabilising ...

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
... Liu, but on the risk the situation could become disorderly." The resignations come at a time when the fund's recent performance has been strained (down 11.2% relative to benchmark over one year), though the strategy is still front running the S&P/ASX ...