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Showing 6661 - 6670 of 22796 results for "Funds"

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
The Conference of Major Superannuation Funds has been cancelled or postponed along with a number of the financial services sectors big events, including charity fundraiser FICAP. The Australian Institute of Superannuation Trustees has cancelled the ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... Morrison government recently announced a A$17.6B ($11.4B) economic stimulus package. The US Federal Reserve cut the fed funds rate by 50 bps on 3 March to 1.25% and announced an additional US$1.5 trillion in new liquidity to help address "highly unusual ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
The chief executive of one of the United States' largest pension funds is set to retire after 18 years in the top job. Jack Ehnes, chief executive of the California State Teachers' Retirement System (CalSTRS) has announced his will retire later this ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the situation. "These are anxious times and a ...

Alternatives to lead the way: J.P. Morgan

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... Khazzam said in a world where public markets could continue to be volatile, investors will want asset classes, like hedge funds, that can benefit from the dispersion that comes with that volatility. "Alternatives provide a place for investors to ride ...

MLC Asset Management appoints fixed income head

KANIKA SOOD  |  THURSDAY, 12 MAR 2020
... years, MLC said. Kiely started at MLC in 1993, as an analyst and currently has portfolio management responsibilities for funds including the Antares Income Fund. Hyman has spent 47 years in the industry, of which 29 have been with Antares' fixed ...

Why Vanguard won't do gold ETFs

KANIKA SOOD  |  THURSDAY, 12 MAR 2020
... over inflation) over time." He said Vanguard also thinks about how products could be used by investors, and only launches funds that it knows will be used by investors appropriately - another test that gold doesn't pass. "We feel in the absence of ...

Fee cuts hack at fund manager margins

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... as fee pressure intensifies and costs continue to rise," said Casey Quirk senior manager Amanda Walters said. Australian funds management industry has seen its share of fee cuts in the recent years. The most notable of these have been active fixed income ...

Diversity should not exclude white men: Thinking Ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... about in diversity, to consider the lived experiences of individuals. Recently, several studies of fund managers and super funds have found that organisations with more women in leadership roles produce better investment results. But Hall challenges ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
... Clients they would be able to work with include responsible entities of registered schemes and trustees of superannuation funds, pooled super trusts and public sector super funds, so long as they have over $10 million. Additionally, the updated regime ...