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Showing 701 - 710 of 2179 results for "In March"

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
The investment world's underdog has seen a surge in interest since it hit rock bottom in March, outperforming the US market indices by a mile. Bitcoin, which started the year rising from US$7500 to US$10,5O0, fell just as badly as every other asset ...

No golden ticket for super funds

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... managing director of research Raewyn Williams said investments in gold failed to provide a safe haven from market volatility in March. Williams said gold's performance during the COVID-19 market shocks raises questions about its role in super fund portfolios. ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... of cycle unlike some superannuation funds. The Future Fund stood at $162 billion at March end, after returning -3.4% in March quarter, which takes this financial year's returns so far to -0.2%. Returns for 10 years are 9.2%. March quarter returns ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... changes in valuations of such assets caused by COVID-19 shutdowns, which have tanked rental income as well as asset prices. In March, AustralianSuper cut the value of its unlisted assets to 7.5% on average, shaving off 2.2% in returns from its $126 billion ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... gained 0.3%. Retail funds suffered too, but to a lesser extent, losing just 0.2% to sit at 60% customer satisfaction in March. Roy Morgan chief executive said the findings - taken from the firm's Single Source survey of consumers - point to the pressures ...

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... outside the S&P/ASX 50 and pass its initial screening for profitability and ability to pay a dividend in near future. In March, the fund returned -1.03% compared to S&P/ASX Midcap 50 Accumulation Index's returns of -2.3%. Top holdings in the portfolio ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
Paul Moore's PM Capital Global Companies was the worst performing global equities fund in the March quarter in Morningstar's universe, while a Stewart Investors fund came out on top. In the March quarter, while the local S&P/ASX Small Ords Total Return ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... been extremely fruitful, allowing us to work through numerous issues since the COVID-19 public health crisis erupted in March," Maroney said. "What's been extremely pleasing is the positive approach of the ATO on these issues." "There is a realisation ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... support as people weigh up important financial decisions. "Markets in quarter one were extremely volatile particularly in March, with significant falls in equities, fixed income and key commodities impacting our assets under management. We have seen ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... panic-buyers sent Australian retail sales to what the Australian Bureau of Statistics (ABS) labelled "unprecedented demand" in March. Preliminary estimates by the ABS show that retail spending soared by 8.2% in the month of March as "monthly turnover ...