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Showing 611 - 620 of 1719 results for "Minimum"

Aussie active managers underperform

ELIZABETH MCARTHUR  |  THURSDAY, 26 SEP 2019
... 10.0%. Only one in five high performance products outperformed the benchmark. However, three quarters of products had a minimum monthly return over the three years that was higher than the benchmark monthly minimum. When it comes to risk, in active core ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
... said. The fund is designed for investors seeing high current income via exposure to global fixed income markets, with a minimum suggested investment time of five years, according to its PDS. The Neuberger Berman Strategic Income Strategy was first launched ...

Chi-X launches new trading solution

KRISTI CHENG  |  MONDAY, 16 SEP 2019
... existing hidden market-on-close order type and Chi-X trading phases to allow participants to place anonymous orders, with minimum execution size protection, between 10:00am and 4:20pm. The functionality was developed in consultation with almost 70 local ...

No extension to FASEA deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 28 AUG 2019
... have an opportunity to sit the exam and making sure people with family commitments have an opportunity to meet the degree minimum or equivalent requirements within the timeframe are key, she added. However, she said transitional arrangements are already ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... Capital Management. As a part of the transaction, Oaktree set up terms or covenants which required Blue Sky to maintain a minimum balance for cash, recurring EBITDA, net tangible assets and annual capex. These were to be measured quarterly. Blue Sky ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... invest in equities. The fund charges management fees of 0.85% per annum and pays monthly income distributions. Based on the minimum investment of $50,000, this equates to $425 per year. "The fund is a floating rate fund meaning that the return will vary ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... this year, they entered a new agreement where Challenger stated to reinsure US-dollar annuities from 1 July 2019 for a minimum of $660 million per year for at least five years. Challenger currently reinsures an Australian-dollar 20-year term product ...

Former financial adviser charged

HARRISON WORLEY  |  TUESDAY, 13 AUG 2019
... misleading statements about the beneficial holder of shares and the applicant's address. Companies are required to meet "minimum spread requirements" under ASX listing rules, which ensure companies have at least 300 "non-affiliated" shareholders with ...

Survey backs SG increases

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... majority (79%) of respondents support the legislated incremental increases to the SG starting from 1 July 2021, in which the minimum percentage employers must contribute to an employee's ordinary time earnings will go from 9.5% to 10%. The rate will ...

ASIC moves against SMSF auditor misconduct

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... concerns about SMSF auditors failing to meet requirements, including auditor independence standards, auditing standards, and minimum CPD hours. Most matters were referred to the corporate regulator by the Australian Tax Office, ASIC confirmed. Three ...