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Showing 3401 - 3410 of 9316 results for "Red"

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
A report has found substantial fee reductions across a number of asset classes, associated with continued pressure on external manager fees from asset owners. The bfinance report found fees for active global equity mandates have fallen by 7% since 2013 ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... and believes many people set up SMSFs which are inappropriate for their circumstances. According to ASIC, there are eight red flag scenarios which can - either individually or when combined - make it "extremely unlikely" for investors to gain any advantage ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
Just as the clamour among central banks for fiscal policy aid continue to grow - recently supported by prescriptions from international institutions such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organisation (WTO) ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
CHOICE has awarded AMP a Shonky for its "grossly underperforming" superannuation division, highlighting the AMP Retirement Trust and Super Savings Trust products. The consumer advocacy group said 55.5% of AMP's superannuation customer base comes from ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
Phil Gallagher and Bruce Bastian said the average worker will receive around $50,000 more than the Grattan Institute's "flawed and misleading analysis." ISA said modelling done by Grattan is based on dubious assumptions that "don't stack up" and there ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
"Pessimism becomes a self-fulfilling prophecy; it reproduces itself by crippling our willingness to act." - Howard Zinn Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate ...

AMP combines business units, appoints new boss

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ...

Platinum global shares fund to shutter

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Platinum Asset Management is set to bid farewell to one of its funds, after a year of outflows. The MLC Investment Trust MLC Platinum Global Fund was closed to new investments in 2004. It is now headed for a termination, after a decision taken by MLCI ...

State Super to sponsor retirement income research

HARRISON WORLEY  |  WEDNESDAY, 9 OCT 2019
Celebrating its 100-year anniversary, the $44 billion superannuation fund will award scholarships for research into improving future retirement incomes. At an event at the New South Wales State Library in Sydney last night, State Super announced the ...