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Showing 581 - 590 of 2719 results for "PIC"

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Having a highly paid team of investment professionals doesn't mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Investors pulled out $3.9 billion from Pendal Group's strategies in the March quarter, led by Westpac redeeming about $1.3 billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
Despite global market rebounds, Natixis Investment Managers believes the economic damage of the COVID-19 pandemic will stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
One of the nation's largest superannuation funds believes now is not the time for the RBA to step in with liquidity support, but said it's a solution which shouldn't be ruled out. First State Super is confident it does not need specific ...

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
MSCI believes the unlisted real estate assets of Australia's superannuation funds could drop to levels last seen in late 2017 as a result of recent out-of-cycle write downs on unlisted assets. New analysis by MSCI Research executive director Bryan Reid ...

FPA launches benchmarking tool

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
The Financial Planning Association of Australia has today launched an online index set to allow financial planners to benchmark the success of their business relative to their peers. In partnership with global market research consultant CoreData, the ...

Boutique hires star analyst from Citi

KANIKA SOOD  |  TUESDAY, 7 APR 2020
An equities analyst from Citi who has topped the StarMine Awards in the past has jumped to a boutique manager. David Lloyd is joining $12 billion Ausbil's equity research team which is led by Nicholas Condoleon. Lloyd covered listed real estate and ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Lonsec's chief investment officer says valuations look way cheaper than a month ago, but he's not hitting buy just yet for its $600 million managed accounts asset pool. Lonsec's managed accounts have about $600 million in assets under management and ...