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Showing 1051 - 1060 of 4501 results for "Reach"

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... June 2021. In releasing the financial year results this morning, the sovereign wealth fund also saw assets under management reach $196.8 billion. Chief executive Raphael Arndt said: "The strong returns of this year are the highest in the history of the ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
Australians have lost over $70 million to investment scams in the first half of 2021, a figure that is expected to double by the end of the year with increased reports of cryptocurrency scams, imposter bond scams and Ponzi schemes, according to the ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
... Drayton said: "The 'Cullen Fund' as it was initially nicknamed has now grown to be worth $58 billion and is projected to reach $100 billion by the end of the decade. His legacy will put New Zealand in a stronger position to provide dignity to those in ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... in the number of financial intermediaries using the platform at 3130. Looking forward, Netwealth expects net inflows to reach $10 billion in FY22 based on its current pipeline, existing clients and growth in new clients. "The major banks are exiting ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Franklin Templeton Investments Australia has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Fiducian Group's funds under advice continues to grow but could be dampened by legacy clients that will not renew the services of an adviser. Fiducian's FUA went up $700,000 to $3.7 billion in the year to June 2021, thanks to acquisitions, inflows ...

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... strategy makes the company both an ideal partner for Nucoro and the ideal home for Exo to drive that vision and use its reach to deliver the proposition to customers." In April, Standard Life Aberdeen changed its name Abrdn in a bid to revamp the company ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Six Park lowers minimum investment to $2k

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... invested into four ETFs - a subset of the globally diversified ETFs used in Six Park's standard portfolios. Once clients reach $5000 the funds are traded into a full portfolio across eight ETFs. All clients with account balances under $5000 will pay ...

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance. The latest Rainmaker data shows $35 ...