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Showing 3971 - 3980 of 14212 results for "Interest"

Plenty still want in on ETPs: Research

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... traded value ($17.8 billion versus $7.2 billion)," Dyall said. Suffering the highest net outflows was the Australian High Interest Cash Fund, which lost $257 million or 13% of funds under management. The product with the greatest increase in assets under ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... to recover. "Australia (-27.5%) continues to struggle to lift despite very low case numbers, central bank QE and zero interest rate policy, not to mention one of the largest fiscal responses amongst all nations (which could cost us our AAA sovereign ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... In 2018, Hostplus chief investment officer Sam Sicilia told Investment Magazine : "We have a zero allocation to fixed interest and a zero allocation to cash." Hostplus chief executive David Elia has been consistent in assuring members and the media that ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ...

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... bank debt amid the COVID-19 crisis; you just have to look for it, according to Janus Henderson head of Australian fixed interest Jay Sivapalan. Despite the illiquidity of the bond market, Sivapalan explains, the Australian government and Reserve Bank's ...

Hundreds of thousands flock to early release

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
The Australian Taxation Office has confirmed over 361,000 Australians have registered their interest to access their superannuation savings early. Speaking to Financial Standard an ATO spokesperson said that while official applications for the COVID-19 ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... table, Frydenberg said. "The government expects APRA to exercise those powers in circumstances where it is in the best interest of fund members to do so," he added. Frydenberg and the Morrison government are positioning the early withdrawals from super ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... vendor's lien over the shares of both these businesses (Diversa and CCSL Trustees). Having received notice of OneVue's interest and intention to enforce the lien, the voluntary administrators for the Sargon subsidiaries sought OneVue's agreement ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... behind the merger and the benefits to members of both funds remain unchanged. "We still believe the merger is in the best interest of members of both funds," Turner said. "A combined fund will provide greater efficiencies, improved products and services ...