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Showing 10411 - 10420 of 22805 results for "Funds"

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... contribution caps to $25,000 for everyone remains the association's "biggest concern." The Association of Superannuation Funds of Australia (ASFA) said it will take time to assess and fully understand the impacts of the proposed measures on fund members ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
... attributed the dip to ongoing volatility in equities markets, "which offset good cost control and long-term outperformance of the funds." Perpetual Private, the company's private wealth advice business, reported six consecutive halves of positive flows ...

Argo appoints industry luminary to board

ALEX BURKE  |  THURSDAY, 25 AUG 2016
... and chief executive of the company and has been associated with Argo for nearly 50 years, during which it has grown its funds under management from $13 million to over $5 billion. "The strong reputation that Argo enjoys today is largely due to Rob Patterson's ...

ClearView earnings reflect business growth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2016
... increase in in-force premiums. Its wealth management sector recorded a 50% boost in operating earnings to $2.7 million, with funds under management (FUM) rising 12% since the segments inception in the 2015 financial year. ClearView's financial advice ...

Super fund backs Sydney water

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
... strong market positions supporting the generation of stable, long-term cash flows, making it a natural fit for superannuation funds with long-dated liabilities. The long term agreements also tend to provide inflation protection, offering investors predictable ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
Industry super funds outperformed retail super funds by 2.7% in the 12 months to 30 June, the latest statistics from APRA reveal. The average industry fund returned 4% over the period versus 1.3% from the average retail fund. The numbers contribute ...

Fund administrator purchases New York business

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
... emerging and established hedge fund managers, as well as registered investment advisers and traders. The firm administers 140 funds for 45 clients with funds under administration of US$5 billion. All of Fundadministration's existing staff will join MainstreamBPO ...

Northern Trust wins two NZ Super mandates

MARK SMITH  |  MONDAY, 22 AUG 2016
... by The Guardians of New Zealand Superannuation. The mandates - each for NZ$300 million ($286 million) - will distribute funds Northern Trust already invests passively in global equities on behalf of NZ Super across a low volatility strategy and a value ...

Local hedge funds fighting for insto attention

ALEX BURKE  |  MONDAY, 22 AUG 2016
Local hedge funds are still battling super funds' preference to look offshore for alternatives exposure, according to Hedge Funds Rock and The Australian Hedge Fund Awards co-founder Kim Ivey. Ahead of the awards night in September, Ivey said this is ...

AMP Capital China fund to be delisted from ASX

ALEX BURKE  |  MONDAY, 22 AUG 2016
... three months. As stated at the extraordinary general meeting triggered to discuss the fund's wind-up in July, AMP Capital Funds Management chair Adam Tindall said: "At this stage there are no plans to launch any additional Asian or Chinse equities products. ...