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Showing 631 - 640 of 2164 results for "Plus"

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... the SMI business along with its other co-founders who, with YBR, have built from a startup in 2011 a significant $1 billion plus, market-leading funds management business in their area of expertise in fixed interest," YBR executive chair Mark Bouris ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... Management also filed to ASIC for its Australian Financial Services Licence to be cancelled. It charged a 1.5% p.a. management fee plus 15.38% performance fee on the amount by which it exceeded the returns of S&P/ASX Small Ords, according to a PDS from ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... Fund. It is not proposed that any financial advisers be sued in the class action. The action will seek recovery of the fees plus interest on behalf of affected members of the MLC Super Fund. IMF Bentham and William Roberts are inviting those who had ...

MySuper lacks risk and return correlation: Research

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
New research suggests investment objectives of superannuation funds should be assessed on their own merit as the level of risk does not always directly link to returns. Rainmaker's inaugural RMetrics MySuper report took a deep dive into the relationship ...

Government extends early retirement scheme

ELIZABETH MCARTHUR  |  MONDAY, 8 JUL 2019
... payment to be non-assessable non-exempt income. The tax free component of an eligible payment is equal to the base amount plus the service amount multiplied by the years of service. For the 2019-20 financial year the base amount is $10,638 and service ...

Industry fund awards $500m mandate

KANIKA SOOD  |  THURSDAY, 4 JUL 2019
... managed through Ardea, Coolabah and Kapstream. The fund took a decision to hold longer duration bonds, moving away from cash plus and inflation plus products, Block said in a May interview with Financial Standard. "We wanted to ensure our bond product ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... have personalised their cover. Members who have income protection cover will see their waiting period of accrued sick leave plus 14 days stretch to 90 days or accrued sick leave (whichever is greater). For members that have personalised income protection ...

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... mandate worth more than $200 million to Omega Global Investors. State Super allocated the funds to Omega's smart beta-plus strategy, complementing its existing Australian equity portfolio. Omega joins the likes of Pendal, Maple-Brown Abbott, Lazard ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... death and TPD cover to all eligible members, with opt-in income protection cover for Basic members and as default for Basic Plus members.

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... allocations increased from 34% underweight to a net 22% underweight (might be counter-intuitive but given low/very low bond yields plus sinking inflation expectations provide no incentive to go overweight on bonds).