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Showing 7211 - 7220 of 28269 results for "NOT"

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... has turned into a powerful tailwind for others," it said. "Just how long this disrupted operating environment will last is not clear to management teams or investors." Government stimulus packages, such as JobKeeper, make it increasingly difficult to ...

Challenger boutique managing Nikko strategy

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Sydney fixed income boutique Ardea Investment Management is now managing a customised strategy for Nikko Asset Management's institutional clients in Japan. Ardea in February began managing a strategy which aims to deliver JPY Libor plus 2% return after ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Netwealth swelled underlying net profit after tax by 21.7% in FY20; as it flags increased IT and infrastructure spend for the next year and a new mobile app for clients. The ASX-listed platform business grew total funds under advice by 35% to $31.5 ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... formal complaint by the clients about ASIC and states that the fee consent form is an invasion of client privacy that will not be accepted. The clients allegedly said they will not accept an increase in duplicated compliance and the $1400 extra cost ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... than cash returns with daily liquidity and low volatility, with co-portfolio manager Charlie Jamieson saying the strategy did not suffer in the March drawdowns faced by credit-heavy 'cash plus' funds. The fund was incepted in December 2019 but is now ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... important in the current environment. "The RiskMetrics approach focuses on the distribution of monthly returns over time, not just the headline return," he said. "It's the shape of the distribution of those returns that is the best indicator of the ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... that read: "Unable to do basic activities associated with work ever again." Sunsuper said this applied to members who were not employed immediately prior to their date of disablement. "For any members who were employed immediately prior to the date of ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... half of the 2019/2020 financial year and according to the company's results growth has been steady. While the company did not disclose the total funds under management for Kogan Super, it showed that the amount had increased by 40% from the first half ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... passport," Mayfair 101 said in a statement in response However, the corporate regulator was also seeking to ensure Mawhinney did not move money between his various companies. ASIC alleged that Mawhinney caused a substantial investment, made by a company ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...