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Showing 521 - 530 of 1719 results for "Minimum"

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... for individual investors) and a buy/sell spread of +/- 1% of the net asset value, according a memorandum of information. Minimum investment size is listed as $100,000. Investors are allowed one redemption each quarter, gated at 25% of their investment ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... statutory demand expires, the creditor can commence court proceedings to wind up a company. "Under the temporary measures, the minimum debt to issue a statutory demand increased from $2,000 to $20,000 and the company's time to pay or respond increased ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... last 12 months. Prior to this, the mandate sat with Hannover Life Re for 15 years. The super fund has also introduced a minimum account balance requirement for those looking to make a partial benefit claim or rollover to another super fund. From now ...

S&P downgrades AMP

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... off some business units. "AMP continues to have a strong balance sheet and capital position, with eligible capital above minimum regulatory requirements of $2.2 billion at 30 June 2020," AMP said in a statement to the ASX. S&P previously downgraded AMP's ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... contributions. AIST has recommended the superannuation co-contribution rate and threshold be increased, the removal of the $450 minimum super guarantee threshold and super on paid parental leave. Without these recommendations put in place, there is a ...

ATO implements JobKeeper changes

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
... updated guidance is now available on our website." The ATO said employers should start paying new eligible employees a minimum of $1500 per fortnight from the JobKeeper fortnight, which commenced on August 3. For the fortnights commencing on 3 August ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... 'normal' distribution of returns were more likely to have outperformed their peers," he said. Hostplus had the lowest minimum monthly return out of the 40 MySuper offerings (-12.6%), followed by AMG Super (-12%) and Energy Super (-10.7%). Several ...

Warakirri launches retail funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... ethical and sustainable businesses that exhibit sound environmental, social and governance practices," McKay said. The minimum investment size is $25,000.

Global manager launches China A-shares fund

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... Australian investors will have access through an AUD denominated share class, priced at 85bps per year in management fees and minimum investment size set at $5 million (negotiable for wholesale investors). Investec has a long history in managing China ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... remaining balance due in five-years. As part of the new funding, the theme park and cinema operator is required to raise a minimum of $35 million through shareholder equity by the company's half year announcement in February 2021. The deal comes months ...