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Showing 741 - 750 of 3289 results for "Above"

Clients value advice during pandemic

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
... providing affordable advice, which almost half of advisers struggle with (46%). The advice practices that were able to rise above these challenges and stay afloat in terms net profit, and client and profitability growth were more adept at handling compliance-related ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh all-time high of 3399.54 ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... record high overnight, rebounding from the massive COVID-19-related losses that have rocked global markets. The index closed above its February high, marking the shortest bear market in history, surging around 55% since March lows. Daily FX strategist ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Jamieson Coote Bonds has launched an absolute return fixed income fund aiming to deliver 2.5% above cash rate while investing only in sovereign debt. The CC JCB Dynamic Alpha fund will hold high-grade sovereign bonds from G7 nations and Australia, with ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... and WCM plus GST. Meanwhile, its investors may be disgruntled with the staggering 20% performance fee of excess returns above the benchmark, which is also to be split between the two companies. The Contango board believes the fee is appropriate based ...

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
... shareholder capital to accommodate the volatility. "The whole organisation is committed to keeping our capital requirements well above excess to ensure that our members are secure." LUCRF Super chief risk officer and company secretary Alison Anthony ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... respondents expecting their employer to fare better in a year's time, up from 43% in June. Those at a director level or above are increasingly downtrodden, according to the findings, with individual confidence dropping from +35 in June to +23 in July. ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... focus on delivering performance of our banking businesses. As a result of our focus on operational excellence, we achieved above market growth in home lending and deposits." Comyn added the bank business showed some momentum due to investments in new ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... continued to hold a financial product (including life insurance) on the advice or recommendation of an adviser from one of the above institutions, you may be entitled to recover compensation for product and advice commissions paid to those institutions," ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... income stream. However, they also need that income to be able to grow as their cost of living increases, as it often does above the rate of inflation. "The Milford Diversified Income Fund aims to deliver this reliable, monthly income while also providing ...