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Showing 661 - 670 of 2030 results for "Let"

MLC funds tone down return expectations

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
MLC has informed investors that it expects lower returns for some of its funds, in light of "unusually low cash rates" and is cutting fees. MLC wholesale inflation plus portfolios are offered in three profiles: assertive, moderate and conservative. ...

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has made a submission to the Financial Adviser Standards and Ethics Authority, questioning its consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
Morningstar research has revealed Australia is one of the most investor friendly nations in the world when it comes to fees and expenses. However, consumers may be getting the short end of the stick when it comes to fees and charges. The Global Investor ...

Former Wallaby joins Invast Global

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... inevitable. "One of the greatest pieces of advice when I was finishing my career, and it stuck with me ever since, was 'don't let this sporting career be the highlight of your life, because you could end up being disappointed for the rest of your life ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...

Pinnacle boutique readies investment rejig, fee cut

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
A boutique partly owned by Pinnacle Investment Management is planning to rejig its investment strategy and cut fees by 12bps for one of its funds. The Resolution Capital Core Plus Property Securities Fund - Series II currently invests predominately ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... spending rules, three people familiar with talks about the plan told Reuters." "The creation of new investment agencies would let Germany take advantage of historically low borrowing costs to spend more on infrastructure and climate protection, over ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson Hole: Trump let loose on Twitter, virtually naming Powell an enemy of the state, saying: "As usual, the Fed did NOTHING! It is incredible that ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...

MLC terminates fund

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
MLC terminated another hedged global shares fund for wholesale investors, from its private investment consulting lineup. The PIC Wholesale Hedged Global Share Fund was terminated at the same time as the $50 million MLC Wholesale Hedged Global Share ...