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Showing 391 - 400 of 1481 results for "Aussie"

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

State Street cuts fees on flagship equities funds

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... March end, according to data from Rainmaker Information. Earlier this year, State Street finally dropped the fees on its Aussie equities indexed ETF, SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a, as its competitors made ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
A controversial promotion at mining giant Rio Tinto has demonstrated how even the biggest of super funds hold very little sway when it comes to engaging with companies they invest in. Peter Toth, formerly chief executive of OM Holdings, was promoted ...

Top traded stocks revealed

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... company Tencent increased its holdings in Nio to 15%, from its second share offering." Other large cap stocks popular among Aussie investors on the platform include Boeing, with trading activity up 372% during June, Facebook (up 330%), Hertz (up 916%) ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...

Gordon Brothers appoints Aussie executive

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
The global asset and investment advisory firm has named a head of Australian valuations, as it sees its local business grow. Brendan Smyth will lead the Australian valuations team, facilitating a high-touch and targeted service to local clients. Gordon ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... Industry Super Property Trust. Since the beginning of the COVID-19 crisis, industry super funds have poured millions into Aussie businesses, helping them rebuild and expand at a time when they need it most, Combet said. "We're already big investors ...

Trust in advisers wanes

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... Institute, shows Australia rank sixth out of 15 major markets when it comes to trust in financial services - just 24% of Aussie investors say they trust the industry. This is down 31% in 2018. The average across all markets surveyed is 47%. About 75% ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... up in 2015 by former Contango Asset Management investors Andrew Mouchacca, Richard Macdougall and Naheed Rahman, runs an Aussie small caps fund, holding 35-50 stocks aiming to beat the S&P/ASX Small Ords Accumulation Index. The fund has had a good year ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
Australians lost $126 million to investment scams in 2019, with many fraudsters using 'celebrity' endorsements to rort investors. According to the latest figures coming out of the ACCC's Targeting Scams report, Australians were defrauded ...