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

Search Results

Showing 341 - 350 of 1796 results for "Returned"

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... so and whether there was a loss suffered. Over a five-year period, to June 30, Crescent Wealth's Growth Option has returned a meagre 4.6% per annum, its balanced option 3.8%, and conservative option 2.3%. The fund's size is $343 million to June ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... to Rainmaker, median returns for MySuper products for the year to September were -5.9%. Hostplus' balanced option returned -3.7% for the period, ranking seventh in the sector. But the super fund returned 5.6%, 7.0% and 8.9% for the previous three ...

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
... issues. As at September 30, the geared fund had $399.65 million in funds under management and, in the year to October 31, returned -4.45%. The microcap fund had $114.43 million in funds and, over the same period, saw a return of -9.79%.

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... years. Their returns would be compared with those of a SRP that also had a volatility of 6% per annum. If that SRP had returned 8% per annum over the period, then that would be the pass mark. Chant West said this approach is advantageous because the ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
... would likely achieve better returns for members over the long term. To September 30, Professional Super's Balanced option returned -8.1%. The market median was -6.5%, according to Rainmaker. As a result of the direction changes, the fee structure is ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... family diversification purposes, he then expressed full confidence in the Magellan investment team. In June, Douglas returned to Magellan in a consulting capacity, after having previously stepped away for personal reasons.

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... opted to move into the slow lane, keeping the economy on an even keel. "After an initial run of rapid rate rises that returned the cash rate to more normal levels it has since slowed the pace down to better assess their lagged impact, allow for the global ...

Hamish Douglass sells $118m in Magellan shares

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... before hitting a low of $9.16. The share price has since recovered, sitting at $9.84 at the time of writing. Douglass returned to the fund manager in June in a consulting capacity following extended personal leave. It was hoped his comeback would help ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the -3.3% return recorded in September, which was significantly worse than August's -0.5% return. ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... small and mid-cap strategy has outperformed the MSCI World SMID Cap index by +5.3% per annum over the past five years and returned 12.2% per annum since its inception in 2003. The asset manager's flagship Global Core strategy has returned 9.3% per ...