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Showing 10711 - 10720 of 22811 results for "Funds"

Competitive forces driving US pension fees down

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... resulting in substantial savings for investors' combined US$4.5 trillion. On average, the fees 401(k) participants pay for funds fell from 0.77% in 2000 to 0.54% in 2014, according to mutual fund industry trade group ICI. In March, Vanguard chairman ...

Wilson Group acquires $19bn fund manager and restructures board

ALEX BURKE  |  TUESDAY, 17 MAY 2016
Wilson Group has announced it will acquire the remaining 25% of a major investment manager with over $19 billion in funds under management. The remaining 25% stake in Pinnacle Investment Management is owned by Pinnacle chair and managing director Ian ...

Uniting Church fund manager appoints investments director

ALEX BURKE  |  TUESDAY, 17 MAY 2016
UCA Funds Management, the Uniting Church in Australia's dedicated ethical funds manager, has appointed a new director, investments. Benjamin Pedley joins UCA Funds Management from HSBC Private Bank Hong Kong, where he was head of investment strategy ...

Boomers driving interest in PAFs

MARK SMITH  |  TUESDAY, 17 MAY 2016
Baby boomers are driving an increase in the establishment of private ancillary funds (PAFs) following liquidity events such as the sales of a business, according to national accounting and advisory firm William Buck. A PAF is a philanthropic trust structure ...

Whitehelm Capital and Prime Super partner for bond investment

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... daily traffic. Aunor holds a preliminary BB+ (Stable) rating from Standard & Poor's. Prime Super has about $3 billion in funds under management for about 125,000 members. Whitehelm Capital has a current portfolio of 37 infrastructure assets, more than ...

BetaShares launches hedged Europe and Japan ETFs

MARK SMITH  |  MONDAY, 16 MAY 2016
... throughout the year. Wisdom Tree's Japan ETF currently has approximately US$9 billion in assets under management. The new funds mark the first products that BetaShares has launched in collaboration with WisdomTree. BetaShares said the products have been ...

Calastone expands to New Zealand

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
... year." Hayward said the first Trans-Tasman transaction was an order received by an Australian manager. "The New Zealand funds management industry is an international facing market in which transaction volumes are increasing significantly."

PROFILE: Mercer senior partner David Knox

DARREN SNYDER  |  MONDAY, 16 MAY 2016
... Mercer senior partner is an industry knowledge that's worth listening to. Opening the 2016 Conference of Major Superannuation Funds, Australian Institute of Superannuation Trustees chief executive Tom Garcia spoke highly of the man. Garcia recalled a ...

SMSFs up property, managed funds exposure

MARK SMITH  |  FRIDAY, 13 MAY 2016
... around 78% of the total property allocation, compared to 79% for the previous quarter. In actual numbers, approximately 2900 funds covered in the survey own a total of 1070 residential or commercial properties. The split between commercial and residential ...

Australian Ethical appoints former AMP Capital PM

MARK SMITH  |  FRIDAY, 13 MAY 2016
... Management and AMP Capital. His appointment comes as Australian Ethical's performance continues to outpace that of mainstream funds. In Mercer's most recent rankings of investment performance, Australian Ethical's Australian Shares Fund ranked first ...