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Showing 4461 - 4470 of 14213 results for "Interest"

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... evil", Trump's got his "evil twins"! From Trump's previous tweets, we know that he's demanding the Fed cut interest rates by another 100 basis points and re-start QE. The Fed strikes back. A recent research paper published by the Fed, titled ...

Portfolio manager departs

KANIKA SOOD  |  FRIDAY, 6 SEP 2019
... p.a. fund return. Boyd was responsible for day-to-day management of the strategy and Payden & Rygel's other fixed-interest unconstrained portfolios. He resigned with immediate effect and the announcement was made last Thursday. Morningstar is due ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... superannuation funds," the firm said. "The equity risk premium has grown since the GFC and real asset values have grown as interest rates have fallen. Consequently, we have had ten years of strong returns which have been great for all members. But what ...

BT faces fees for no service class action

ELIZABETH MCARTHUR  |  FRIDAY, 6 SEP 2019
... directly. Slater and Gordon special counsel Nathan Rapoport said Westpac Life was given complete discretion about the interest rates that it would pass on to members, and at times kept almost half of the returns on members' money for itself. "Superannuation ...

Financial incentive provokes misconduct: Research

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
New research from Macquarie Business School shows removing measures that promote self-interest - like performance based bonuses - is the way to promote ethical behaviour. The research, which was supported by ASIC, looked at risk culture and unethical ...

Beware dodgy auditors, sudden CFO moves: Plato

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
... winning by default," he added. Plato is reluctant to reveal too many of its red flags, although they generate a lot of interest. "We're cautious about giving too many examples of red flags out because we've spent a lot of time building a proprietary ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... parliament of the most significant tax cuts in more than 20 years and the full impact of the RBA's decision to reduce interest rates by 50 basis points". As for the Prime Minister, he doesn't see Australia heading for a recession and that Australia ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

Buyback ensures Aussie ownership

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 SEP 2019
... Australia bought back the shares from Moelis & Company (M&C) via a selective buyback at $3.40 a share. The move sees M&C's interest fall under 20%. Following the buyback, M&C's share ownership in Moelis will be 19.98%. The buyback represents 5.1% of ...