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Showing 4731 - 4740 of 15784 results for "TER"

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Top equities managers revealed

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Former Ausbil microcap managers Tony Waters and Chris Prunty have come out on top of Mercer's Australian Shares Investment Manager Performance ranking, after their QVG Capital Long Short fund returned 29.3% for the year. Hyperion Australian Growth and ...

WAM makes alternatives play

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Geoff Wilson's $3 billion Wilson Asset Management has acquired the management rights for embattled alternatives investment company Blue Sky. On May 20 last year, Blue Sky Alternative Investments announced it had been forced into receivership, with Oaktree ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

Growth outplays value: Frontier

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Growth continued to outperform value according to a new study by Frontier Advisers looking at the performance of fund managers in the final quarter of 20109/20. In a note released to its clients, Frontier reported that growth-focused managers outstripped ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
BlackRock has offered its first major update on investment stewardship since it said it would dump thermal coal from active portfolios. The investment giant's voting efforts increased in 2020, with the number of company engagements increasing by 47% ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
The Bank of Japan (BOJ) took a breather in July, keeping its monetary policy settings and asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Evans & Partners adds distribution lead

JAMIE WILLIAMSON  |  THURSDAY, 16 JUL 2020
Evans & Partners has appointed a former Cambridge Investment Partners director to a lead distribution role. Charlie Wapshott has been named head of distribution for Evans & Partners' International Equity Fund, focused on developing a national strategy ...