Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7321 - 7330 of 22800 results for "Funds"

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... normality, the US Federal Reserve made an about-face in July, discarding its trek towards policy normalisation and cut the fed funds rate by 25 basis points to 2.25% in what's speculated of a rate-cutting regime. The Bank of Japan (BOJ) persists ...

Industry funds name new chief

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... heading the joint company when it begins operating in October. It will be the first time in Australia that two superannuation funds have concurrently had the same chief executive, the two funds said. "Mr Cameron has experience of significant acquisitions ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... it was named the "weakest performer" in an AFR article, bottoming the league table at 4.3% per annum, while rival super funds such as QSuper, UniSuper and Media Super blitzed the rankings, turning in returns of over 9% during FY19. Maritime chief executive ...

Rest to restructure investments, hire CIO

HARRISON WORLEY  |  FRIDAY, 9 AUG 2019
... investment expertise was realised. "This change builds on Rest's strengths as a major superannuation fund with $57 billion in funds under management and brings our investment expertise together in a single team to focus on further growth," Rest chief ...

Cull flat fees for small pensions: Report

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
Pension funds should stop charging flat fees on small and dormant accounts, a report produced by the United Kingdom Work and Pensions Committee recommends. The report said even if a pension fund makes a good return, a flat fee structure can completely ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... Tasmanian Treasury will soon start the search for an insurer to take over the mandates of two small public sector superannuation funds. The State Fire Commission Superannuation Scheme (SFCSS) and the Tasmanian Ambulance Service Superannuation Scheme ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
An activist short-seller has valued Rural Funds Management's agricultural fund as "ultimately worthless," alleging it is falsifying accounts and over-inflating assets. Bonitas is accusing RFM, the responsible entity for ASX-listed Rural Funds Group ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... Can't blame 'em. Disappointment over the Fed's non-commitment over further rate cuts - after it cut the fed funds rate by 25 bps to 2.25% at its July FOMC meeting - compounded by Trump's escalation trade tensions with Beijing and the ...

Platinum funds leak over $100m

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
... Platinum Asset Management reported $108 million in net outflows in July, including $54 million net that flowed out of its trust funds during the month. Platinum now has $25.1 billion across all its funds which are focused on international equities, according ...

On track: APRA reveals RC progress

HARRISON WORLEY  |  THURSDAY, 8 AUG 2019
... areas of common interest." In respect to Hayne's call for increased scrutiny on related party engagements between super funds and life insurers, APRA said any proposed change to its prudential framework as a result of the post-implementation review it ...