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Showing 4601 - 4610 of 14213 results for "Interest"

Instos flex influence over investee companies

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
Superannuation funds and fund managers wield significant influence over capital allocation decisions in companies they invest in, research from Monash Business School finds. About 275 Australian institutional investors, the majority of which work in ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... allocated to growth assets like stocks, property and infrastructure, and 30% to defensive investments like cash and fixed interest. According to the Productivity Commission's final report, some lifecycle products "dial down risk too early," elevating ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... deposits seen by ADIs in 2009. Institutions were actively and deliberately engaging in dual pricing; advertising the higher interest rates available on two or four deposit terms while maintaining significantly lower rate for all other terms. Which deposit ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out a 25 basis point cut at its May board meeting could be counter-productive ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... in AREITs which are often under-researched and under owned." The fund retained UBS AM as a manager for cash and fixed interest. The changes were implemented in February. ANZ sold its OnePath Pension and Investments business to IOOF but the deal has faced ...

Excellence in managed accounts recognised

HARRISON WORLEY  |  WEDNESDAY, 26 JUN 2019
... group of nominees including Loftus Peak and Royston Capital. Meanwhile, Real Asset Management won the Australian fixed interest category and Soteria Capital took out the multi asset class award. IMAP chair Toby Potter said the awards judging panel was ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... marginal lending facility at 0.25%; deposit facility at -0.4% - but it also pushed forward the timing of its expected interest rate hike further out to the second half of 2020. This was from "at least through the end of 2019" - itself changed from "summer ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUN 2019
A former Westpac financial adviser was permanently banned for providing inappropriate advice that placed a number of clients' retirements in jeopardy. Subeer Luthra was banned by ASIC following surveillance that found he dishonestly altered his clients' ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
The prudential regulator is imposing tougher measures for interested buyers' ability to acquire stakes in superannuation funds. From 5 July, any party seeking to acquire a stake greater than 15% in an RSE must ask APRA for approval. APRA said the ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... Mr Key can be the head of ANZ New Zealand and sit on the Australian equivalent as well. That's a massive conflict of interest." Key is an independent non-executive director on the ANZ board while also being chair of the ANZ Bank New Zealand board. "I ...