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Search ResultsShowing 71 - 80 of 100+ results for "Australian"
Chief economist update: Haste makes Budget waste
BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
... JobSeeker programmes for another six months to preserve wealth. For sure, this would mitigate a sharper contraction in the Australian economy but at the price of putting the budget deeper into deficit. A price, we, Australians all, will have to pay for ...
Iress wins mandate
KANIKA SOOD  |  MONDAY, 20 JUL 2020
A Sydney boutique has picked Iress's portfolio system for its high-conviction Australian equities funds. Quest Asset Partners has been using Iress's trading and market data software since the firm's inception in 2004. It will now also use Iress's portfolio ...
Super to tip into negative cash flows: Research
ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
New research from Right Lane has suggested that Australian super funds could tip into negative cash flows due to COVID-19 and the early release of super program. Right Lane predicts that 54 of 90 super funds could be in negative cash flows by the end ...
Specialist platforms prosper in June quarter
ALLY SELBY  |  MONDAY, 20 JUL 2020
... provider also added 20 new managed portfolios to its menu during the quarter, including ClearView Wealth portfolios, Australian share portfolios and diversified ETF portfolios. High net worth specialist Powerwrap also released its results for the June ...
ERS payments approach $30bn mark
ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... to eligible members have taken an average of 3.2 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 96.2% have been made within five business days. The county's largest fund, AustralianSuper, has made the ...
FSC appoints four to board
ALLY SELBY  |  MONDAY, 20 JUL 2020
... members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape. BlackRock Asset Management head of Australasia Andrew Landman, UBS Australia managing director Bryce ...
ASIC appeal upheld
ALLY SELBY  |  MONDAY, 20 JUL 2020
... upheld after the Federal Court set aside a decision made by the Administrative Appeals Tribunal to not ban a Western Australian-based financial adviser. Robert Hutchison was permanently banned from providing financial services in June 2017, however ...
360 Capital eyes LIC
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... in an ASX-listed closed-ended fund, as it engaged with its management to appoint it as the responsible entity. The Australian Enhanced Income Fund (AYF) was listed on the ASX in October 2006 and invests in up to 35 ASX-listed debt equity hybrid securities. ...
Industry fund lowers fees
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... and capital guarded (0.28% to 0.26%). Four asset class options in account based pensions also lowered their fees: Australian Shares (0.29% to 0.15%), international shares (0.34% to 0.15%) and cash (0.10% to 0.08%). "As a profit to member fund we are ...
Perpetual top brass cop six-month pay cuts
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... $28.4 billion in total assets. The three months saw its adviser-channel pull out net $400 million, split evenly across Australian equities and cash/fixed income. The private wealth business had $14.3 billion in funds under advice, which is 8% higher ...
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