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Showing 701 - 710 of 2197 results for "In March"

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 ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... likely to contravene its obligations in the future. Olive Financial applied to the Australian Appeals Tribunal (AAT) in March this year for a review and stay of ASIC's decision to cancel its licence. In April, the AAT granted a stay of ASIC's decision ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... The drop in the flash estimate of the IHS/Markit Eurozone composite PMI to an all-time low of 13.5 in April from 29.7 in March suggests that the second quarter is off to a bad start. Even worse, the region's preliminary manufacturing PMI estimate ...

TCorp funding hits $10bn since late March

ALLY SELBY  |  MONDAY, 4 MAY 2020
... challenging times, while still lengthening our debt profile," she said. "Against the backdrop of fractured bond markets in March and limited funding opportunities, we've been really pleased with the support of the domestic market and that our recent ...

How Cbus is servicing early release requests

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... it expected. Superannuation funds were asked to provide their modelling of early release amounts and numbers by APRA in March. And Cbus initially estimated $3.3 billion worth of requests this financial year and $2 billion for next financial year. Fok ...