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Showing 681 - 690 of 2181 results for "In March"

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... It's business as usual at Flinders Investment Partners, after its multi-boutique partner Prodigy decided to shut in March. On March 18, Steve Tucker's Prodigy Investment Partners closed its doors after about six years of operation, after its ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... to the same time last year," Cameron said. "Catholic Super has seen more than double the enquiries in life insurance in March compared to 2019, and Equipsuper has received unprecedented requests for paperwork to update death nominations from employers ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
Life insurance startups saw their share of total and early-stage funding to insurtechs shrink, as total investment in the sector dropped in the March quarter. Insurtechs attracted US$912 million in the first quarter across the globe but the deal activity ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... last year. Tribeca Investment Partners portfolio manager Jun Bei Liu believes super funds added to the selling pressure in March, raising their cash levels prior to the commencement of the government's early release scheme. "Since the ERS was first announced ...

Pinnacle boutique launches Cayman fund

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... investor David Adams. It returned 16.5% before fees in the March quarter, including 21.73% outperformance to S&P 500 in March and 14.04% outperformance in February. It has also outperformed the HFRI Macro Discretionary Thematic Index YTD and since February ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... from governments and central banks. "The fund performed strongly due to a recovery in many stocks that had been oversold in March, along with some significant buying the fund did near the market lows," it said. "We remain very excited and optimistic ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... not-for-profit super funds were not nearly as bad as the bleeding of the ASX, when reported last month. Average returns in March were -9% across the 15 funds, while the ASX fell by close to 30%. While not naming names, the analysis showed returns across ...

HESTA announces three GM appointments

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... of internalising Aussie equities by 2021 and to be underway in cash and fixed interest in 2022, announced by the fund in March. Cameron reports to HESTA chief risk and compliance officer Andrew Major. "We are really excited to have an experienced risk ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... five years, according to Rainmaker data. Perpetual is not the only trustee to delay a successor fund transfer of late. In March, Tasplan and MTAA Super, who committed to a merger late last year, moved back the date of the merger from 1 October 2020 to ...