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Showing 401 - 410 of 1565 results for "Offset"

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... platforms. While the funds on Macquarie's platforms dropped by 8% due to market movements, the firm said those results were offset by net sales of 3%. Additionally, independent financial adviser sales increased by 35% compared to the year before ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... people thought they had a very vanilla, ordinary lending feature." That said, Robertson prefers to see his clients have offset accounts. Where a redraw balance means that as you pay down your loan the bank allows you to draw a portion of that back out ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... strongest inflows in the market at 8.3%. MetLife also had positive inflows at 5.8%. However, the inflows for some insurers were offset by a bad year for many. AIA recorded negative risk inflows of 29%, AMP was down 7.8%, MLC was down 4.3%, BT/Westpac ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... saying despite its MultiSeries, MultiMix fixed interest and cash management trusts seeing net inflows, it was not enough to offset losses in its other investment products. The addition of the P&I business brought $77.1 billion of addition FUM during ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... portfolio. Interestingly, Lazard had no exposure to energy, materials, financials, or real estate, but that wasn't enough to offset painful stock-specific issues in some of its largest positions." Morningstar said while it usually doesn't focus on ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
... education, financial and consumer discretionary names made a positive contribution to the portfolio but were not enough to offset the long holdings' large declines during the month. "However, we do feel the longer term track record of the business ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... executive cash bonuses, mindful of the current challenging environment," the letter said. APRA said dividend payments should be offset to the extent possible through the use of dividend reinvestment plans and other capital management initiatives. "During ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... Exaggeration or not, supply limitations should help put a floor under oil prices. Whether or not this is sufficient to offset the sharp drop in demand is another matter.

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... for unfunded government liabilities across defined benefit schemes. It's not a superannuation fund but more like an offset fund for those unfunded liabilities. Bulk of people who lose their jobs are across retail, hospitality and accommodation and ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... customers impacted by the pandemic. CBA will make payments to support customers who have been granted a six-month deferral to offset interest on interest costs during the six-month deferral period. This follows the announcement on March 20 that CBA will ...