Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 8608 results for "Lower"

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... management (AUM) and revenue growth has broken down as fund buyers - both retail and institutional - increasingly embrace lower-fee index funds. This comes as interest in more expensive active strategies appears to have weakened, according to an ISS ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... up in the top decile. The report also noted that wealth tends to be 'stickier' than income, with people experiencing far lower levels of wealth mobility over their lifetimes. When income was adjusted to account for wealth, over 40% of people in the top ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... since the Global Financial Crisis due to higher capital requirements, more expensive technology, and stronger competition. "Lower returns mean that banks must make choices about how best to use their capital," Elliot said. "Business areas that don't ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower that month, in line with the overall drop in digital asset prices. However, although supply news drove the markets lower ...

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... mobile than older workers, with 12.6% of 15- to 24-year-olds changing jobs. "However, youth job mobility was noticeably lower than the high of 15.9% we saw in 2022 during the pandemic, and well below rates of more than 20% seen 20 years ago," he said. ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... especially solid gains given the continued optimism on the prospects for 'Artificial Intelligence' (AI) and renewed hopes for lower interest rates later this calendar year," he said. "In particular, the largest AI chipmaker - Nvidia - a company in which ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
The first tranche of the Delivering Better Financial Outcomes (DBFO) legislation passed both the upper and lower houses yesterday. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill aims to reduce red tape for financial ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... superannuation market by delivering strong returns for our customers..." she said. She added that its annual fees are 15% lower than the average MySuper fund. CFS chief investment officer Jonathan Armitage attributed the strong investment performance ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... the fund claims Reduced Input Tax Credits (RITCs) of 55% on GST it pays and passes the benefit on to you in the form of a lower advice fee deducted from your account. This means that the advice fee deducted directly from your account is less than the ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... US$8.18 trillion, according to Janus Henderson's latest corporate debt index. While significant, the increase was notably lower than in 2022/23 and remained below the borrowing levels of 2018 and 2019. Janus Henderson said the rise in interest rates ...