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Showing 121 - 130 of 621 results for "Fund of"

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
Morgan Stanley Wealth Management will invest $25 million in a new fund from Perennial's small and micro caps team. The Perennial Private to Public Opportunities Fund will hold 30-45 investments in pre-IPOs, IPOs and unlisted growth capital. There ...

Sunsuper, corporate super fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2019
... completed another merger, integrating a 74-year-old corporate superannuation fund. CBH Super, the Perth-based corporate super fund of the CBH Group, was merged into Sunsuper on April 29. It marks Sunsuper's fourth merger in the last 12 months, following ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
New research from Frontier Advisors highlights the misplaced focus and potential pitfalls of the Productivity Commission's proposed 'best in show' list. Given the strong imperative for the superannuation sector to consolidate, the white ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... including SMSFs and small APRA funds - if an individual hasn't requested a direct payment or for it to be rolled over to a fund of their choice. The ATO said it would begin proactive consolidation from November and notify individuals once their unclaimed ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... average income for a full-time working adult last year was $83,454 and it argues that a retiree with a self-managed super fund of $1.6 million, earning 5% a year, would be on about that same average income. However, the franking credit refund on a diversified ...

Industry fund dips toes in private equity

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
An $8.6 billion industry superannuation fund is gearing up its first private equity play in almost half a decade, as it readies for an environment of lower returns. Australian Catholic Superannuation Retirement Fund chief investment officer Michael ...

Corporate super fund names new chair

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... Society and changed its name in 2015. "I am very pleased to be joining TelstraSuper and contributing to the evolution of a fund of this calibre," Corboy said. "I look forward to working with the board and chief executive Chris Davies to further enhance ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
An overwhelming majority of superannuation fund members working within the financial services industry have never sought financial advice from their fund. About three quarters (71%) of participants in Financial Standard's latest poll admitted intra-fund ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
Sargon has been appointed trustee of a new superannuation fund offered by a specialist insurance company. Sargon will act as trustee for the PPS Mutual Super Fund, which has been designed to enable PPS Mutual to offer a "complete" life insurance solution ...

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
Platinum Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and ...