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Showing 701 - 710 of 3289 results for "Above"

Homeowners given preferential treatment: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... small share of retirees who are renting. "About 6% of non-homeowner Age Pension recipients have a level of total assets above the homeowner thresholds and below the non-homeowner thresholds and could benefit from this preferential treatment," it said. ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... survey showed confidence rising by 2.5% to a reading of 107.7 points in November from 105.0 in the previous month and sharply above the 75.6 reading recorded in April 2020 (the lowest in the survey's 47-year history). However, the bullish headline ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... would have to apply greater scrutiny to the issue or source quotes from other firms. Subsequently though, costs went far above that - to $75,000. And, it wasn't clear why KPMG received three separate procurements adding up to that $75,000 amount. ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

Insto demand sees digital asset manager launch

JAMIE WILLIAMSON  |  FRIDAY, 13 NOV 2020
... allocations. Cryptocurrencies currently sit among some of the best performing assets of 2020 and Bitcoin has just climbed above US$16,000 - its highest level since January 2018. "Custody and liquidity provision are now of institutional quality, while ...

Pengana launches new Israel equities fund

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... Siemens, according to Pengana. Minimum investment size is $250,000. The fees are 1.5% per year in management fees, and 20% above hurdle of 4% with a high watermark. Pengana is offering two share classes: one hedged to AUD and the other hedged to USD. ...

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... Opportunities Fund (wholesale investors, absolute return) and Fortlake Sigma Opportunities Fund (wholesale, targeting 8-11% above the RBA cash rate).

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... quarterly redemptions capped at 2.5% of the total units on issue. Fees are 45 bps in base fees and 15% in performance fee above a benchmark of CPI plus 4%. Hastings Funds Management was formerly owned by Westpac. It was bought by British asset manager ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... positions are 1.5% of NAV. The fees are same as the unlisted trust -- 1.35% per year in base fees plus 10% in performance fees above a high watermark and hurdle (10-year government bond yield plus 3.5% p.a). GSFM chief executive Damien McIntyre said ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... good one for management. "They can all move on from this disaster. Major shareholders probably will hold out for something above $2. It is the start of a song and a dance to settle on a price around $1.80-$2.20," he said. Somasundaram said the Ares bid ...