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Showing 4181 - 4190 of 14213 results for "Interest"

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... year. However, they are now slightly below the 10% mark and sit at 9.9%. The fund also said that it acquired a "material interest" in Canberra Data Centres at the end of 2019. "Equity markets performed strongly in the last quarter, supported by easy ...

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... ASIC's scrutiny. "External market making offer greater price discovery as there is competition among them [which is in] interest of the investors," Neiron said. Neiron said VanEck doesn't pay any commissions to brokers/advisers unlike LICs and LITs ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
Treasury has announced a four-week consultation into "stamping fees" paid by fund managers to advisers and brokers for exchange-listed funds, as public scrutiny into the practice mounts. The Future of financial Advice (FoFA) reforms in 2013 put an end ...

TCorp hires former Cbus head

ELIZABETH MCARTHUR  |  TUESDAY, 28 JAN 2020
... Earlier this month, TCorp acquired a minority indirect stake in Brussels Airport. In November last year, it acquired an interest in a Canadian hydroelectric generation asset. "TCorp is looking to leverage its evolving investment model to diversify risk ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
SMSF Association chief executive John Maroney has slammed ASIC for a fact sheet published and distributed to SMSF trustees last year. During a speech at a Pritchitt Partners event in Sydney, the SMSFA chief also took aim at FASEA and the ATO. Maroney ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... likes of high-net worth clients. "With all the change going on in the industry at the moment and a real focus on best interest, we've been very focused on moving towards more of a user-pays model when it comes to building the platform and the different ...

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
The $11.7 billion superannuation fund has set up an internal impact committee to explore how it can make a positive impact in its operational spending. NGS Super's impact committee will focus on two key areas: social procurement and sustainability and ...

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
... ASX saying the decision to exit the Middle East market came after completing an extensive strategic review of its 45% interest in BIC Contracting (BICC). "After thorough evaluation of all available options, CIMIC has decided to exit the region and to ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... more than half a percent versus the greenback but surprisingly, the All Ordinaries index dropped by 0.7% (sure, lower interest rates helps drive market valuation but stronger employment growth drives sentiment, spending, revenues, profits and stock market ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
New technologies such as artificial intelligence, data analytics, blockchain and the internet of things (IoT) are set to radically transform and disrupt markets and economies. That's according to the latest research from KPMG and the Australian National ...