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Showing 91 - 100 of 17492 results for "Asset"

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
Uncertain market conditions in 2023 spurred a rebound in the number of self-managed super funds (SMSFs) seeking financial advice. According to new research from AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed ...

UK manager recruits Australia head

ELIZABETH FRY  |  FRIDAY, 15 MAR 2024
... banks, institutional investors and other investors. Before that, the sales executive was the managing director of Nomura Asset Management Australia. Earlier he spent six years at Russell Investments Australia as head of new business and held other senior ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
Iress will sell its UK mortgages business to Bain Capital for $164.3 million before costs. The financial software firm said the sale is a big step in its ongoing transformation strategy to sell-off non-core assets. The net proceeds from the sale will ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... providers supporting the system are clear, Mercer said, looking at administrators, custodians, insurers, investment managers and asset consultants, and actuaries and auditors. Having already reduced in line with industry consolidation and increased regulation ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
MFS Investment Management has named Alison O'Neil as its new chief investment officer, starting from 1 January 2025. O'Neil will oversee MFS's 300-person investment team, including fixed income, quantitative solutions, and global treading ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... between the Pools," ART said. ART said it would be changing the investment objective for the Cash Pool and updating the asset allocation of the Balanced Pool. As a result, it said the Lifecycle investment strategy is expected to give higher returns over ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... managed accounts to clients included performance, fees, availability on their main investment platform, reputation of the asset manager, and asset class exposure. But advisers are picky when it comes to which managed accounts they select. In the past ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
The Financial Advice Association Australia (FAAA) has called on the Australian Taxation Office (ATO) to build upon the progress it made in its public release of revised tax deductibility guidance in December 2023. The FAAA said the ATO should further ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
... from 19 investment managers, this includes the addition of a new Australian diversified fixed interest portfolio from Real Asset Management in December last year. AMP group executive, platforms Edwina Maloney said that the group's investment and development ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... search for "attractive opportunities" in technology, credit, life sciences, and the energy transition. Also, as private asset markets have slowed down, it will also focus on creating value within its exiting portfolio and provide them capital to grow ...