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Showing 411 - 420 of 2153 results for "Extra"

Netwealth names new director

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
Netwealth has welcomed a new independent non-executive director with over 25 years' experience in finance, consulting, and asset management. Kate Temby was appointed to the board effective yesterday and brings considerable financial services experience ...

Kearney Group launches responsible managed portfolios

ELIZA BAVIN  |  MONDAY, 1 FEB 2021
Kearney Group has announced the launch of a suite of responsibly managed investment portfolios targeting socially conscious and sustainability-minded investors. The Ethos Managed portfolios will focus on an actively managed approach to achieve competitive ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... would either lose $180,000 from their retirement or be forced to work until 74. A 30-year-old female would need to work an extra eight years or have $150,000 less at retirement. "The government's Retirement Income Review did not model the impacts to ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
The Arowana Contrarian Value Fund (CVF) is in the process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... rights to Baylis which are to be converted once VWAP calculation above 45 cents is met. The company has also agreed to an extra five million rights if Fortlake raises $1 billion in FUM with the hurdle of 75 cents for the allocation. Cashwerkz said the ...

Redpoint wins $50m mandate

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
Redpoint Investment has won a $50 million socially responsible investing (SRI) mandate within JANA's SRI Australian Share Trust. Redpoint chief executive Max Cappetta said the mandate validates the manager's focus on sustainability and ESG ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
Fund managers reaped $211 million in revenue from listing their strategies in ASX's ETF marketplace in the year to September, with BetaShares taking the biggest slice. BetaShares came out on the top, ringing up $46.8 million in revenue (or a 22% ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... kick the can further and closer to New Year's Eve. As The Guardian newspaper headlines, "Johnson and EU vow to go 'extra mile' to thrash out Brexit deal". However, the paper's sub-heading indicates that a deal remains far and away, "British ...