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

Search Results

Showing 3161 - 3170 of 10705 results for "May 2012"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
The spread of COVID-19 has seen a dramatic turn in the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity ...

Multi-asset results mixed in COVID-19 sell-off

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
Although all men may be created equal, multi-asset strategies are most certainly not, with returns from balanced, growth, moderate and flexible strategies producing wildly different outcomes during the COVID-19 sell-off. In its latest report, Morningstar ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
The Australian Council of Trade Unions believes the government's JobKeeper program is still flawed, though is glad the calls of Australian workers have been heard. ACTU secretary Sally McManus has called for the government to revise its $130 billion ...

VanEck rejigs China A-shares ETF

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
VanEck Australia is changing the index of China A-shares ETF and, as a result, will stop investing via its NYSE-listed counterpart. The VanEck Vectors China CSI 300 ETF (CETF) currently tracks CSI 300 index which covers the 300 largest and most liquid ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
The superannuation sector has been told in no uncertain terms how it should deal with the ongoing impacts of COVID-19, with ASIC and APRA directing super funds to prioritise liquidity. In a joint letter sent to all registrable superannuation entities ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
The government's $130 billion JobKeeper stimulus package saw the ASX soar 7% in its best session in 40 years. But are we witnessing a market recovery, or just a dead cat bounce? Today, the Aussie bourse followed a strong session in the US overnight ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...