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Showing 671 - 680 of 3110 results for "% Estimate"

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
Magellan chair Hamish Douglass will take a medical leave of absence to prioritise his health after a period of intense pressure, the company has said in a statement to the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Vanguard's decision to hand back institutional mandates has been good news for State Street Global Advisors, BlackRock and several other managers, analysis shows. In October 2020 Vanguard announced it would hand back mandates to super funds ahead of ...

Caddick's cars head to auction

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Melissa Caddick's cars will go under the hammer this month as liquidators attempt to recover investors' lost assets. Meanwhile, work is also underway to sell her properties and share portfolios. Jones Partners, the liquidators for Caddick's ...

Environmental goals edge out social issues

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
Sustainable investors tend to favour environmental-themed strategies over social ones as the former is more tangible and easier to measure. According to Robeco head of sustainable investing research Rachel Whittaker, environmental factors such as emissions ...

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Market Forces claims NAB, ANZ and Westpac are among several banks with net zero commitments that continue to lend to Global Infrastructure Partners, despite its not-so environmentally friendly investments. Market Forces says in total 18 banks, including ...

Investors dig deeper for alternative assets

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
The hunt for yield has prompted investors to turn to new asset classes within the alternatives sector, according to Preqin. Disappointing returns from traditional assets such as office, retail and industrial have also forced investors to look to other ...

Global equities ETPs reap benefits of conversion

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
Actively managed global equities exchange-traded products have grown significantly off the back of ETPs converting from unlisted unit trusts. In September 2020, total assets of actively managed international equities ETPs were $3.7 billion, representing ...