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| | | Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ... |
| | | | Vision Super is closing its Property and Infrastructure options, while also removing the asset classes from one of its balanced offerings. Effective October 4, Vision Super's Property and Infrastructure options will be closed to members, with Vision ... |
| | | | ... under management. When combined with BNP Paribas, the newly formed business would boast total assets under management of close to $2.5 trillion (€1.5 trillion). AXA said divesting the asset management business is in line with its simplification strategy ... |
| | | | Two-thirds of Australians with guaranteed income streams are proactively retiring with fewer worries and are doing so to enjoy their twilight years, contrary to popular belief, a new study reveals. Research from Macquarie University's School of ... |
| | | | The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ... |
| | | | There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ... |
| | | | A solid job market and construction activity has seen South Australia top the economic performance leaderboard in the latest CommSec State of the States report for the third quarter in a row. The State of the States report assesses the performance of ... |
| | | | IFM Investors has partnered with ASX-listed firms GrainCorp and Ampol in a bid to establish the country's fledgling renewable fuels industry. The three organisations committed in a Memorandum of Understanding (MOU) today to help reduce emissions ... |
| | | | ... sustainable options saw strong performance in FY24, the much more volatile GEO option didn't fare so well, returning close to -16% for the 12-month period. As such, it was the fund's worst performer for the year. The high-risk option, which had ... |
| | | | Mercer has published its Investment Performance Survey, revealing the top-performing Australian share fund managers of 2023-24. The Glenmore Australian Equities Fund took out top spot with a 31.5% return. The fund, which has a diversified portfolio ... |
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