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Showing 561 - 570 of 1190 results for "NAV"

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... options for the best capital management for the LIC. The restructure will allow the LIC's unitholders to redeem monthly at NAV. ALF is also offering two sweetners: there will be no management fees on the new, unlisted managed fund for the first year ...

Fund seeks to internalise management

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... perceived conflicts of interest which it says might exist within external management models. Dividend guidance (7% to 8% of the NAV), NAV existing directors and key management personnel will be maintained. Risk profile and NTA (drops form $1.09 to $1) ...

J.P. Morgan rolls out global accounting services

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... incrementally integrate with our global stack." The move to the global system will allow clients to have a fully integrated NAV analytics tool to assist with verifying unit pricing. Head of platform sales, Securities Services, Australia and New Zealand ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

VFMC director nabs global role

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The CFA Institute has appointed a chair and vice chair to its board of governors, the latter being an industry veteran with more than 30 years' experience across funds management and superannuation. Maria Wilton will now serve as the global association's ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
BlackRock has secured a $7.1 billion (£4bn) mandate from a UK pension scheme. The investment manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined ...

Winton fund looks to change fee structure

KANIKA SOOD  |  MONDAY, 7 SEP 2020
... Investment Management, and also on the ASX's mFund platform. The local version previously charged 1.78% p.a. of the fund's NAV as the management fees and 16.4% p.a. on the value of net profit from futures trading, after reconciling any losses from the ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
Retail investors will be forced further into investing in equities as the hunt for yield continues, despite having felt the hard lessons from this year's market volatility, according to founder and chief executive of DeepData Analytics Mathan Somasundaram. ...