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Showing 921 - 930 of 3878 results for "February"

Ausbil adds to mFund lineup

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... unhedged (ASX: AXW12) and hedged versions (ASX: AXW11). It already has nine funds in the ASX's mFunds marketplace, as at February end with $22 million in total assets. The largest of these was the Ausbil 130/30 Focus Fund with $7.6 million in assets. ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... in March. US employment surged by 916,000 during the month following an upwardly revised 468,000 addition in jobs in February. This is the largest addition to employment since August last year and is significantly higher than consensus expectations for ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... and Tasplan increased its income protection premiums in September 2020 by 7% ahead of the merger. MTAA attributed its February 2021 premium hike to COVID-19 and government reforms, and the February 2020 hike to Putting Members Interests First and Protecting ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... charging fees to customers entitled to fee waivers under its AgriAdvantage Plus package. NAB was also sued by ASIC in February over the incorrect charging of fees and ANZ was forced to pay $10 million in October for charging fees to customers in relation ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... (NBS) data show that China's manufacturing PMI rebounded to a three-month high of reading 51.9 in March from 50.6 in February. This marks the 13th straight month of expansion in factory activity with output, new orders and buying orders rising to ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... higher yields through a fake investment bond offering eye-catching - but ultimately unrealistic - yields. Echoing ASIC's February warning: if it feels too good to be true, it probably is," said Vanguard head of corporate affairs Robin Bowerman. "We are ...

New hybrids ETF on Chi-X

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... Enhanced Income Fund, which is for wholesale investors. The unlisted version has delivered 7.3% p.a. over 10 years to February before fees. One-year returns were 10.2%, three-year returns were 7.9% p.a. Elstree said it uses proprietary research and expects ...

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... risk and life insurance. Allianz topped the list with a satisfaction rating of 87.3%, averaged over the 12 months to February 2021 followed by Medibank (81.9%), Zurich (77.6%), Westpac (74.5%), MLC Life (74.4%) and AIA (71.3%). On the lower end of the ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... and older) in the country by July 4" - just in time for Independence Day. While the US unemployment rate -- at 6.2% in February - remained well-above pre-pandemic levels - 3.5% in February 2020 and 4.4% in March 2020 - the Conference Board's survey ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
The Bank of Japan (BOJ) kept monetary policy settings at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative ...