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Showing 1091 - 1100 of 6935 results for "% December"

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
Hostplus and Statewide Super will merge next month to create an $83 billion fund. The merger, which was originally slated for April 1, will now take place on April 29, Statewide Super said in an update to members. Following the combination, Hostplus ...

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
The Quality of Advice Review should take precedence over other proposed regulatory changes as financial advisers should not be encumbered by two sets of major reforms in a short period of time. This is according to The Advisers Association, which is ...

Direct indexing: The next evolution?

CHLOE WALKER  |  MONDAY, 7 MAR 2022
By nature, humans love to customise things. From personalised recommendations on Netflix and Stan, to suggested playlists on Spotify or iTunes, everyone craves to have things that serve them by knowing them. An interaction with a device, person, or ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
AvSuper has appointed a new group insurer and will increase premiums from next month, as it continues work to identify a merger partner. The $2.5 billion fund has awarded a group insurance mandate to AIA Australia. The fund's membership is currently ...

Cbus names deputy chair

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The $68 billion industry super fund has appointed a new deputy chair. Master Builders Australia chief executive Denita Wawn has been named in the role, replacing Dave Noonan who stepped down earlier this year. Wawn has been on the board of Cbus since ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...

Value strategy drags Clime's performance

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Clime Investment Management's value and quality-based investing strategies pushed the group's performance well into the red in the half-year to December. The ASX-listed firm reported a $282,344 loss in investments, assets which were worth significantly ...

Charter Hall, PSP Investments acquire Brisbane site

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
Charter Hall and Canada's Public Sector Pension Investment Board (PSP Investments) have acquired a development project currently under construction in Brisbane. The property, located within the Fortitude Valley precinct, comprises a 25,000m2 office ...

Mingshi Investment Management to launch local offering

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
The Shanghai-headquartered investment manager has been handed an AFSL as it looks to roll out two local China-A shares funds for institutional and sophisticated investors. Following the opening of its Sydney office last month, Mingshi Investment Management ...