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Showing 441 - 450 of 1756 results for "Covid"

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... masterfunds ended the year to March 2021 up 18.7% to a total $915.4 billion. This is attributed to the global market recovery from COVID-19. The latest data comes as Netwealth ended the June quarter with a 12% increase in funds under administration and ...

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... and Investment Trends found that SMSF assets have rebounded to an all-time high of $787 billion in March 2021 following COVID-induced losses last year ($694 billion in March 2020). The total number of SMSFs also continues to grow, with some 597,000 SMSFs ...

IFM airport bid falls over

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... Airport and should be rejected. The boards recognised that the company will likely trade below $8.25 for some time due to the COVID-19 pandemic's impact on travel. Today the share price is hovering around $7.75. However, in a letter to shareholders the ...

Relief payments confirmed for NSW

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 JUL 2021
... disaster relief payments are on the way to support businesses. "The Morrison government is upgrading its national response to COVID-19 outbreaks with increased weekly payments for households and boosting business cash flow to get them through extended ...

Demand soars for global equities ETFs

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
... surpassed $111 billion in assets under management. A separate study by AUSIEX reinforced the popularity of ETFs. Before COVID-19, one in five advisers trading via platforms invested in ETFs. This figure has now gone up to one in two using ETFs, as many ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... building - despite record numbers of advisers leaving the industry. Some 54% of advisers ClearView surveyed believe that COVID-19 has increased public awareness of the importance of planning for the future and seeking professional financial advice. Over ...

FASEA scraps three-month rule

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... any prior sitting can sit the November exam, which will be offered via remote proctoring and at exam venues (subject to COVID protocols). FASEA will amend the Corporations (Relevant Providers Exam Standard) Determination 2019 to make way for the relief. ...

Significant drop in charitable giving

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
... giving back five years to levels last reported in 2016. Giving peaked in February 2020 with bushfire support and before COVID-19 prevented many fundraising activities. The fall in giving to December 2020 was by 4% when compared to the previous corresponding ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... that we have put in place over the last five years," Fok said. "We managed our cashflow exceedingly well during the initial Covid-19 volatility which meant that we could invest for our members on the upswing." In addition, Cbus now manages 35% of assets ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... would not support such large bonuses being paid. The hearing then erupted into parties, all appearing via video due to the COVID-19 pandemic, yelling over each other. Labor MP Daniel Mulino interjected that "no other asset manager has been asked this... ...