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Showing 401 - 410 of 2164 results for "Plus"

Centuria acquires stake in Bass Capital

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... finance and residual stock. It has $270 million committed loan book, a $107 million open-ended debt fund and over $300 million plus in pipeline opportunities, according to Centuria. Centuria will pay $24 million for the initial 50% stake in Bass. It ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
... way beyond its five-year (18.1 time earnings), 10-year (16.1 times), 15-year (15.2 times), and long-term (14.4%) averages. Plus, the back-up in US long bond yields due to rising inflation expectations is also certain to depress stock market valuations ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion of net inflows from $2.4 billion of sales in the three months to March. Challenger sold $1.57 billion ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... from FY20's negative returns. The 1.7% return for 2020 was still below the target return of 4.4%, which is set at CPI plus 4-5% over the long-term. It was also a sharp contrast to 2019's pre-COVID returns of 14.3%. Longer-term returns (three ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... 6.8% p.a. over seven years, and 7.4% p.a. over 10 years. Both are below the median MySuper option's annual returns of 8% plus over all time periods mentioned. Last month, the Australia Post Superannuation Scheme (APSS) signed a non-binding heads ...

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
... bit better at night." The fund is open to wholesale clients, has a minimum investment of $50,000 and management fee of 2% plus a performance fee of 25% of the return (based on fund NAV) subject to delivering investors a cumulative net 10% IRR post all ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... forced to pay a $5 million penalty last year for charging fees to customers entitled to fee waivers under its AgriAdvantage Plus package. NAB was also sued by ASIC in February over the incorrect charging of fees and ANZ was forced to pay $10 million ...

Boutique hires fund services lead

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... deputy portfolio managers for its Australian equities long-short fund and for the smaller companies fund. The Perpetual Share-Plus Long-Short Fund welcomed Sean Roger as the deputy portfolio manager, working alongside Anthony Aboud, who is the portfolio ...

Pengana portfolio managers depart

KANIKA SOOD  |  THURSDAY, 25 MAR 2021
... it will announce permanent arrangements for the investment management team soon, which will include McDonald and his team, plus a "highly credentialed external" investment management team. The firm said the strategies will continue to be managed as usual. ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... a pro forma FY21 basis including full run-rate synergies, Computershare said. It expects the acquisition to generate 15% plus return on invested capital by FY25. FY21 guidance is unchanged. Computershare will pay for the acquisition via US$634 million ...