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Showing 3751 - 3760 of 14212 results for "Interest"

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... 2020), there was clearly more room for allocation. "With more traditional asset classes like public equity and fixed interest investments being challenged, there is clearly more room to allocate to return-seeking asset classes like private equity and ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
The $120 billion industry super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by ...

Equity Trustees nabs new director

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Equity Trustees has nabbed an industry super fund's interim chief investment officer as an independent director on two of its superannuation boards. George Zielinski has been appointed as an independent director on the boards of Equity Trustees ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

Qantas Super awards insurance mandate

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
MLC Life has lost the Qantas Super mandate with the super fund announcing a new mandate. Qantas Super announced MetLife has been awarded the insurance mandate, effective July 1, 2020. The fund said it was pleased to welcome the global insurer, saying ...

Australian Unity rejigs executive lineup

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... managing director Rohan Mead said. Separately, the firm has launched a new green bond fund that will invest in fixed interest securities with the primary purpose of helping lower carbon emissions. The fund is managed by Australian Unity's in-house cash ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... ethical grounds was noted as detracting from performance, as did an overweight to global property and underweight to fixed interest. The Ethical Leaders International Shares Fund underperformed in March by 140 basis points. A mandate from the fund to ...

QSuper culls comprehensive advice

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
The $110 billion industry fund will stop offering comprehensive advice to new customers on July 6 and cut over 50 positions, as it sees demand for holistic advice fall. QSuper chief executive Michael Pennisi said the decision is based on several years ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... in March to a record high of 14.7% the following month - and companies forced into lockdown. Meanwhile, the Fed took interest rates lower - to 0 - 0.25% -- while at the same time ramping up its balance sheet with purchases of Treasuries and mortgage-back ...

Colonial First State cops licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
APRA has imposed licence conditions on Colonial First State Investments Limited to ensure super members' best interests are met, effective immediately. The regulator's decision follows an investigation into matters referred to it by the Royal ...