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Showing 811 - 820 of 1756 results for "Covid"

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... and "established a leading market position in digital property settlements". "PEXA demonstrated accelerated take-up during COVID-19 and is expected to deliver a material return of capital in coming months," Link said. Additionally, it listed the early ...

AMP Capital bets on AI

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... technology has never been more important. As property managers we need to be able to react and adapt to industry change, and with COVID-19, people need to feel safe and comfortable when leaving home to work or shop." In addition, Lepore said the system ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... advisers. AMP chief executive Francesco De Ferrari said the business has performed resiliently through the challenges of COVID-19 and a period of internal change in the third quarter. "Our people have continued to face into the disruption, remaining ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
... brick and mortar retail, according to ARK, which the report named as the second bad investment idea. The researchers said COVID-19 has accelerated the shift to e-commerce, and experiments companies like Amazon are currently conducting with autonomous ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
An industry super fund has bumped up its fees on some investment options due to the effects of COVID-19 market volatility. Australian Catholic Superannuation Retirement Fund (ACSRF) said the changes are set to come into effect on November 1. "Due to ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... three years from 1.57% to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and 10-year performance now sits at about 9% p.a.

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... Early Release of Super reporting standards. From September 30, APRA said it will only require sections 6-8 of SRF 91.1: COVID-19 Pandemic Data Collection to be reported on a monthly basis through to 31 January 2021. This means APRA will be putting a ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... sovereign wealth fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's long-term ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... enabled members whose income had dropped by more than 20% to access up to $20,000. India allowed partial withdrawals for COVID-19 treatment, which did not exceed three months of wages and allowances. Peruvians were permitted to withdraw up to 25% of ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... plummet 41%. ClearView said the results reflect tough market conditions brought on by the economic shutdown as a result of the COVID-19 pandemic. The decline in profitability was driven by poor underlying claims performance in its life insurance segment ...