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Showing 791 - 800 of 4001 results for "Cut"

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... deal; Brexit's settled; the Fed succeeded in turning the US inverted yield curve - which presaged a recession - after it cut the fed funds rate three times (in July, September and October) while at the same time, and along with other major world ...

No rating cut for VGI funds as Tynan leaves

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Sydney boutique VGI Partners' funds have held on to their ratings from Zenith after partner and head of research Douglas Tynan resigned last week. Tynan resigned from his executive role but will stay on as a non-executive director, investor and ...

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... planners who had purchased client books in good faith with this guarantee." O'Neill also took issue with the fact that AMP cut grandfathered commissions in January 2020, 12 months ahead of the legislated ban on grandfathered commissions. "Furthermore ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... of 500 billion rupees (USD 6.56 billion) to ease pressure due to the coronavirus pandemic; and, on May 22, it unexpectedly cut the repo and reverse repo rate by 40 bps - to 4.0% and 3.35%, respectively. India's stringent lockdown measures has taken ...

Franklin Templeton cuts fees

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Franklin Templeton will drop the fees on eight funds from 2bps to 23bps per year, effective July 1. The steepest fee cut is on the $443 million Franklin Global Growth Fund which will go from charging 1.13% per year in management costs to 0.90%. Two ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
The corporate regulator refused just 3% of Australian financial services licence relief applications in the six month period that saw COVID-19 intensify. Outlining the regulator's relief application decisions in the six month period between October ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... Australians to pay higher taxes, particularly given many have now accessed their super early, ISA said. "The backbenchers move to cut the increase is out touch with two thirds of Australians who a UMR poll found backed a steady increase to the super ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... has been less-than-ideal," Cirami said. "The pandemic represents the first EM crisis in which many countries have tried to cut rates as stimulus - previously, such moves typically provoked investors to flee the local currency. "That has been Brazil's ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... getting closer to a coronavirus cure. As Factset notes: "BBC reported that UK experts said the low-dose of steroid treatment cut the risk of death by a third for patients on ventilators and by 1/5th of those on oxygen. The Recovery Trial was led by a ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... litigation funder are ongoing. The liquidators are likely to take any settlement proposal (laying out the litigation funders' cut of recovered, which will pre-empt the debt payouts) to Sargon's creditors. The proceeds will allow the liquidators to examine ...