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

Search Results

Showing 721 - 730 of 11467 results for "Rate"

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... the years." Wheelhouse's global fund aimed to deliver long-term returns greater than the Reserve Bank of Australia cash rate plus 2.5% over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's 4.3%. Meantime ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... positioned portfolio, betting that the sharemarket is too confident about a soft economic landing and the magnitude of interest rate cuts priced in by traders. "The valuations of stocks that have perceived certainty and quality has gone beyond any fundamental ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... contributing to the recovery as global demand rises." The Eurozone's labour market remains resilient, with the unemployment rate broadly unchanged in July at 6.4%. Amundi Investment Institute head of developed markets strategy research Guy Stear expects ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... largest pension funds in the world saw their assets grow 12% during the last year. These funds have a compound annual growth rate for the last five years of 5.4%, compared to 4.7% for the entire top 300. "As fund scale and complexity in the investment ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... Anika Foundation Fundraising Lunch, Bullock said the board is sticking to its guns that there will be no near-term interest rate cut. "The board's message following its meeting only a few weeks ago was that it is premature to be thinking about rate cuts," ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
ASIC reported a 62% pass rate for the latest sitting of the Financial Advisers Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... diversified hedging strategies into "one active solution and is convex" meaning that as developed equity markets fall, its rate of gain increases. The fund returned -10.5% p.a. since inception on 6 October 2021. In the last year, it also went backwards ...