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Showing 1081 - 1090 of 4501 results for "Reach"

AMP Capital fund reduces fees, secures major loan

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
... fund told shareholders that from August 1, management fees of 85bps will decrease to 80bps. When funds under management reach $1.5 billion or more, fees will reduce to 77.5bps. At $2 billion or more, management fees will be charged at 75bps. CommIF will ...

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
Self-managed superannuation fund trustees are the latest target market for financial services platform Raiz. Raiz Invest is now open to SMSFs. It charges a fee of 0.275% per annum for balances over $15,000 ($20,000 for the Custom Portfolio offer) which ...

Mercer bolsters alternatives team

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
... low bond yields, we're encouraging our clients to explore the opportunities that alternative asset classes can provide to reach their investment goals, by increasing their exposure to private and unlisted assets." Following increased demand locally for ...

Hejaz expands with three new funds

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... annum return net of fees, investing in Europe, North America and selected Asian markets, including Australia. It aims to reach $100 million in funds under management by the end of 2021. A defensive option, the Income Fund aims for a 6% p.a. return that ...

Active managers lead new ETF issuers

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... previous half-year period with monthly trades of around $7 billion to $8 billion on the ASX. BetaShares forecasts total FUM to reach $138 billion by the end of 2021.

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. ...

AMP Capital GEFI sold to Macquarie

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... last year showed it had strong investment capabilities and performance but needed greater scale and broader distribution reach to compete effectively," AMP acting chief executive James Georgeson said. "Macquarie is a high quality and respected manager ...

UniSuper opens its doors, hits $100bn

KARREN VERGARA  |  MONDAY, 5 JUL 2021
As UniSuper membership officially opens to the public today, the fund also reached a milestone, hitting $100 billion in funds under management. The super fund has opened to workers outside of the higher education and research sector, a move that was ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... aims to compensate affected customers by the end of 2021. ASIC urged customers who are not satisfied with their outcome to reach out to the Australian Financial Complaints Authority.