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Showing 421 - 430 of 2161 results for "Extra"

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 ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... looking at the cheapest. "Focusing on finding the best value rather than price has allowed us to showcase products going that extra mile for consumers," Money magazine editor-at-large Julia Newbould said. Bendigo Smartstart Super Pension was named best-value ...

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
The $56 billion industry superannuation fund for health workers has partnered with Australian Unity to establish a new capital source for the For Purpose, Mutual sector in Australia. HESTA has committed $20 million as a cornerstone investor in Australian ...