Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 765 results for "Income Fund"

Clime launches new income fund

KANIKA SOOD  |  TUESDAY, 3 DEC 2019
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%. The Clime Income Enhancer Series 1 fund will invest in four shares: Macquarie, Rio Tinto, Treasury Wines and BHP. "If any of these ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
A global asset manager shaved 10 basis points off the management fee of its global fixed income fund. Legg Mason cut the management fee of its $45 million Legg Mason Brandywine Global Income Optimiser Fund to 0.65% per annum, as the offering approaches ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... which is what our awards reveal across every category." PM Capital also took home a gong, with the firm awarded Best income fund for its PM Capital Enhanced Yield offering. Money recognised the fund's aim to create long-term wealth by identifying ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
Fund managers of active fixed income strategies are rethinking their pricing as financial advisers and institutional investors drive a harder bargain in a lower-returning world, and new retail opportunities beckon. Several fixed interest giants, including ...

Sydney boutique heads for Chi-X

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... deposits, short-term money market and fixed income instruments, and hold a portfolio of 70 issuers. The eInvest Core Income Fund (managed fund) (ticker code: ECOR) has a return object of 2% above cash rate, from a portfolio of cash and fixed income. ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... induced investors to invest money from their self-managed superannuation funds in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. The fund was supposed to diversify across cash, property, shares, aquaculture ...

YouTube fundie walks away

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... namesake funds and is closing down his business. One day after it was announced that his flagship Woodford Equity Income Fund would be wound up, Woodford has made the shock decision to completely walk away. Woodford had a long and successful career and ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The embattled Woodford Equity Income Fund is to be wound up following a decision by Link Fund Solutions that Neil Woodford has said goes against the best interests of investors. Link, the authorised corporate director of the fund, announced last night ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
ASX-listed exchange traded funds have raised close to $56 billion but now its lesser-known rival Chi-X is ready to start listing ETFs, with a Kapstream fund kicking off on it today. Chi-X started off trading small amounts of equities in Australia in ...