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Showing 3431 - 3440 of 14212 results for "Interest"

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that Australian interest rates would be at a premium over US rates going forward and enticing investors to buy the Aussie dollar ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... heightened vulnerability. The corporate regulator wants feedback from the financial advice industry and others with an interest in making affordable advice more accessible to consumers, particularly in regards to scaled advice. "It will help us determine ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
The 14-year-old fund is headed for the door as asset growth falters. The Clime Australian Value Fund was set up in 2006 (wholesale units followed in 2011) and had $79 million in total assets at June end. It targeted capital growth and a growing level ...

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
A $65 billion industry fund is now home to the members of a corporate super plan after a successor fund transfer, which had been delayed, was completed. The IAG & NRMA Superannuation Plan first announced it would merge with Sunsuper in February 2019. ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The chair of the Securities and Exchange Commission (SEC) has announced his intention to depart at the end of 2021, ahead of his term. Jay Clayton has served as chair for over three years and has been one of the longest-serving chairs of the SEC. He ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... and will not hesitate to take additional easing measures if necessary, and also it expects short- and long-term policy interest rates to remain at their present or lower levels," it said. The BOJ downgraded its fiscal year 2020/21 GDP forecast to a contraction ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... and Spouting Rock Asset Management in July this year. The sale happened at the same time that BrightSphere sold its 75% interest in value manager Barrow Hanley Strauss Mewhinney & Strauss to ASX-listed Perpetual for $465 million. There are 22 EM equities ...

Insto demand sees digital asset manager launch

JAMIE WILLIAMSON  |  FRIDAY, 13 NOV 2020
A newly launched UK asset management firm is catering to institutional investors' increasing interest in digital assets, piquing the curiosity of Australian high-net-worths. London-based ByteTree Asset Management launched this week with a mission to ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... circumstances. The new law comes off the back of Commissioner Kenneth Hayne examining complex frameworks riddled with conflicts of interest. IOOF's complicated structure and poor governance over it, which has been under the watchful eye of APRA since ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
... "We're taking a little more complexity into that type of asset, but we think we can generate a strong return even in a low interest rate environment by being able to develop that asset over time," he said. Given Aware Super's history in providing super ...