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Showing 971 - 980 of 3290 results for "Above"

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... recording -4.5%. Over a year, PMC lost 7.4% while the benchmark gained 0.6%. Despite the recent performance, PMC remains firmly above the benchmark in its performance since inception with 11.8% returns compared to benchmark's 6.7%. PMC declared a fully-franked ...

Actuaries Institute welcomes retirement income reforms

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... do vary significantly and there is no one-size-fits-all solution, Boal said. "Most retirees with superannuation balances above $50,000 by a reasonable margin will still be receiving a full Age Pension, which is indexed and guaranteed by the government," ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
... December 2018 through to 25 January 2019. Processing and data quality were monitored throughout and response rates were at or above normal levels for this release." It would be good news if it were just distorted by the shutdown. However, the big fall ...

K2 posts losses, signs on distributor

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
... Absolute Return Fund lost 7.5%. All returns are net of fees, and for six months to December 31. Five of the six funds are still above their respective benchmarks since inception. The exception is the K2 Global Equities Fund.

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... Netherlands, reflecting the stronger momentum in domestic demand and higher external demand. Growth in Spain, which has been well above potential, has been marked down slightly for 2018, reflecting the effects of increased political uncertainty on confidence ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... framed in terms of 'control' [over board seats] it must be apparent that the interests of the controller are being considered above the interests of the members. And that is not consistent with the duties of the directors of the funds that are contemplating ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... market remains positive. The unemployment rate is 5%, the lowest in six years. With the economy expected to continue to grow above trend, a further reduction in the unemployment rate is likely. The vacancy rate is high and there are reports of skills ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
... should work on an ethical basis. "They should be strong, they should be profitable, they should be robust and they should be, above all, ethical," Bowen said. Labor, in principle, accepts all of Commissioner Kenneth Hayne's 76 recommendations. "We would ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... recently. Figures from the Australian Shareholders' Association show retail investors highly favour the big four banks above other major blue-chip stocks like BHP, Telstra and IAG. For example, more than half (53%) of shareholders in CBA were mum ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... including Netwealth, HUB24 and Praemium. The fund is modelled on Milford's Active Growth Fund and targets a return of 5% above the Reserve Bank of Australia cash rate with an unconstrained approach. The fund is managed by Sydney-based chief investment ...