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| | | The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ... |
| | | | COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ... |
| | | | Colonial First State is temporarily allowing three of its Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share ... |
| | | | ... shocks. "Diversification in super also matters. The purpose of diversification is really to smooth out the volatility, the ups and downs of the markets. The idea being that, when something goes up, another thing may go down, and offset each other partially," ... |
| | | | Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ... |
| | | | The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether. AXA Investment Managers found that listed companies are responsible ... |
| | | | ... million in net outflows in 2018 and $17 million last year. T. Rowe Price set the minimum initial investment at $500,000 (top ups were set at $100,000 minimum) and charged 1.20% per annum in management fees. The fund beat the benchmark on three-year basis ... |
| | | | TAL is preparing to launch a new training course to educate financial advisers in how to support clients suffering as a result of natural disasters. The life insurer will launch a new course through its Risk Academy training program to support clients ... |
| | | | ... Private Wealth. Robson's other board appointments include SCALE Investors, which invests seed capital in gender diverse start-ups, and she is chair of portfolio company TalkiPlay. She was a finalist for the Association of Financial Advisers' Adviser ... |
| | | | Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ... |
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