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Showing 91 - 100 of 639 results for "Retail funds"

IFM adds to leadership

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... your referral to APRA and ASIC do not clearly indicate that the sought for investigation will include bank-owned retail funds - which were the locus of misconduct in the Royal Commission, and were found to systematically underperform by the Productivity ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... reached a three-month low of 5.90% on Monday, June 8, down from double-digit figures in early March," it said. S&P said retail funds investing in US high-yield bonds posted an inflow of US$5.1 billion during the week ended June 10, marking the 11th consecutive ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... voting records be public for super funds. Just 18 of the 50 largest funds disclose a complete proxy voting record. Retail funds, on average, had more incomplete voting records than industry funds. While members of the Principles of Responsible Investment ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... retirement savings will have shrunk to 21 in five years' time. By 2029, just 12 will be left standing. Conversely, the 118 retail funds currently in operation will have shrunk to 74 within the next half a decade, with 52 still around in 10 years' time ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... Liberal MP Tim Wilson was only enquiring about conflicts of interests in industry superannuation funds and not in retail funds. "I have not written to ASIC and APRA because those matters were dealt with during the Royal Commission," Wilson said. When ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... your referral to APRA and ASIC do not clearly indicate that the sought for investigation will include bank-owned retail funds - which were the locus of misconduct in the Royal Commission, and were found to systematically underperform by the Productivity ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... exposure to unlisted assets such as property and infrastructure. Self-managed super funds were hit in a similar vein to retail funds, realising a loss of $69.7 billion over the quarter. However, public sector funds performed admirably, losing just $8.6 ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... many of them "are too small and don't deliver enough value". "At a sector level, industry funds have outperformed retail funds on growth and efficiency. Seven out of the top 10 fastest-growing funds are industry funds, and the median operating cost for ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... financial year, we believed industry funds would overtake SMSFs as the biggest grouping, just as they had moved ahead of retail funds in the first three years of this study. "But given the particular challenges now facing the industry funds - in particular ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... According to the data, 72% of all payments have been made from not-for-profit funds, while the remaining 28% from retail funds. Prime Minister Scott Morrison told parliament on Friday last week the most recent ERS figures were significantly higher than ...