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Super ASX dominance trends down: ResearchBY JAMIE WILLIAMSON | TUESDAY, 10 AUG 2021 12:36PM
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling.
Read more: ASX, BlackRock, AustralianSuper, Rainmaker Information, Alex Dunnin, Aware Super, Cbus, Financial Standard, Hostplus, Sunsuper, Tim Wilson, Vanguard
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Find out why 44% of advisers are using managed accounts
Intensifying its commitment to the Asia Pacific region, State Street has appointed a long serving J.P. Morgan executive as its first country head for Australia.
Former Spectrum Wealth Advisers chief executive Mark Schroeder has been slapped with banning orders in addition to his six-year ban from providing financial services.
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%.
Octopus Investments, an energy asset manager, has made several appointments after recently surpassing $1 billion in assets under management.
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