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Showing 431 - 440 of 1450 results for "perpetual"

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... change in insurance arrangements to accommodate Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing market uncertainty and volatility from COVID-19. ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... COVID-19 put a halt to the successor fund transfer plans. "Due to the market volatility and uncertainty caused by COVID-19, Perpetual Superannuation Limited (the Trustee), has decided to postpone the transfer until later in the calendar year," Perpetual ...

Advice group research head departs

HARRISON WORLEY  |  FRIDAY, 1 MAY 2020
... spokesperson confirmed Herold's appointment to Financial Standard earlier this week. In Herold's absence, former Perpetual Private head of investment research Maggie Callinan has been "engaged" to manage Centrepoint's research capabilities ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... bubble in 200, and hitting 100% prior to the GFC. It comes after US GDP slumped by 4.8% in the first quarter of the year. Perpetual multi-asset head of investment strategy Matt Sherwood said the poor data had resulted in heavy losses around the world ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... worst performers in the large cap category the bottom three spots among Morningstar's category coverage going to: Perpetual Wholesale Geared Australian, Ausbil Australian Geared Equity and First Sentier Wholesale Geared Share. Outside of geared strategies ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... S&P/ASX 200 had mirrored moves made in the US, lifting 1.75% in its last day of trading before the Easter long weekend. Perpetual multi asset head of investment strategy Matt Sherwood said markets had been completely unpredictable. "We feel sometimes ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... the COVID-19 pandemic had reached its peak in Europe, with the daily death toll in Italy, Spain and France decreasing. Perpetual multi asset head of investment strategy Matt Sherwood said investors were ignoring the elephant in the room. "It may be a ...

Perpetual executive jumps to Xplore

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Xplore Wealth has hired from Perpetual's executive team for its new head of product. Neil Gellett has been appointed to the role, after close to five years in the same position at Perpetual. Prior to Perpetual Gellett worked at BT Financial Group, holding ...

Multi-asset results mixed in COVID-19 sell-off

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... during the sell-off ranged from -10.28% to -17.45%. The best performing balanced fund during the recent sell-off was Perpetual Wholesale Diversified Growth, Morningstar said. "Perpetual had the lowest equity exposure of the cohort with 39.07% aiding ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... its lows given that these companies are more likely to fall through the cracks in both Fed and government policies." Perpetual also doesn't believe we have hit rock bottom yet. "The rally was unconvincing with the US market in particular closing ...