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Showing 481 - 490 of 2153 results for "Extra"

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
The $565 billion pension fund is on the hunt for a new investment chief following the resignation of Yu (Ben) Meng. Meng was appointed to the lead investments role in January 2019 and, last financial year, achieved a return of 4.7% - beating its 4.3% ...

BetaShares rejigs oil ETF...again

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again. The BetaShares Crude Oil Index ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... Financial Review: Victoria's stage four lockdown to shrink national GDP growth Victoria's lockdown to result in extra 250K job losses Victorian small businesses doubt they can survive latest lockdown The Australian: Victoria lockdown to slash ...

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... billion increase in the closed-ended units. Second, Magellan will also offer investors who buy new units in the closed class extra units worth 7.5% of their new closed class investment. Lastly, as a part of the consolidation, Magellan will allow all ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... law." Now it's a disaster. A state of disaster, that is. As the AFR explains: "Under a state of disaster, police have extra powers and various acts of parliament can be suspended." "There is no question about the enforceability and the way in which ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
The Commonwealth Bank of Australia has announced an extra $300 million has been added to its remediation bill in relation to ongoing service fee and customer remediation costs. CBA said it is constantly addressing the full range of remediation issues ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
A number of factors have contributed to the current economic uncertainty, and investment strategies need to adapt to the 'new normal', according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and Redpoint Investment Management. ...

AustralianSuper partners with greenhouse gas giants

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australia's largest superannuation fund has partnered with the country's major greenhouse gas emitters in a new initiative which will see them work towards a decarbonised future. AustralianSuper, joined by NAB and Schneider Electric, has partnered ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ...