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Showing 10961 - 10970 of 22811 results for "Funds"

Magellan average monthly inflows hit $214m

ALEX BURKE  |  THURSDAY, 18 FEB 2016
... 2015, revealing it saw average monthly retail net inflows of $214 million during the period. The firm also saw its average funds under management grow by 44% to $38.8 billion and net profit increase by 41% to $109.3 million, corresponding to an interim ...

PC to lead another inquiry into super

ALEX DUNNIN  |  THURSDAY, 18 FEB 2016
... latest administration to announce a superannuation inquiry to investigate efficiency of the system and review how default funds are selected. A statement jointly released by Treasurer Scott Morrison and Assistant Treasurer Kelly O'Dwyer said: "We have ...

Adviser roadshow shines light on modern-day advice

MICHELLE BALTAZAR  |  THURSDAY, 18 FEB 2016
... advisers in Australia as at September 2015, up 5.7% from the previous year, according to Rainmaker research. The average funds under advice (FUA) per adviser also rose to $34.4 million over the same period. The AFA Genxt roadshow is a series of events ...

Topdocs adds Commonwealth Bank integration

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
... Account application - distributed by CommSec Adviser Services - at the same time as establishing their self-managed super funds through its Instant SMSF online application. Via the Instant SMSF online application, available in Topdocs' online portal ...

Parametric launches liquid alternative strategy

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
... strategy is designed to give investors a diversifying risk premium that targets risk-adjusted returns similar to many hedge funds. The strategy employs a mix of fully collateralized S&P 500 Index options, creating an effective beta targeted by many hedge ...

ETF revenue doubling every 18 months

JOHN DYALL  |  WEDNESDAY, 17 FEB 2016
... Compare this with the Vanguard MSCI Index International Shares ETF (VGE) which charges 0.18%pa. While it has around half the funds ($178 million) it had good inflows of $162 million and earned around $180,000 in fees for Vanguard. On an arithmetic basis ...

ASFA chief executive Vamos to step down

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos has decided that the time is right to step down after eight and a half years in the role. The ASFA board will shortly commence recruitment for her replacement and ...

New robo-advice business launches

MARK SMITH  |  TUESDAY, 16 FEB 2016
... global investors to a flexible technology platform we are democratising algorithmic investment." BetaSmartz portfolios use funds from around the world, with weighting towards liquid, low-cost ETFs. Actively managed funds and socially responsible funds ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... corresponding to a 12% growth in assets under management to $13 billion. Challenger has been partnering with superannuation funds and investment platforms to expand its distribution footprint in the sector. For the 1H16 period, the first partnership ...

Pinnacle appoints distribution director

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... Resolution Capital, Palisade, Antipodes Partners, Plato and Metrics Credit Partners, representing over $19 billion in total funds under management. "After 16 years in London, I'm looking forward to reconnecting with the Australian investor marketplace ...