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Showing 1121 - 1130 of 8131 results for "Performance"

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... expertise from private banking, wealth management and other client access points with the core value drivers of investment performance." In 2022, asset managers faced a challenging year, with assets under management (AUM) falling to US$115.1 trillion ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... teamwork etc.). Employers are increasingly willing to structure advisers' overall earnings linked to the financial performance of the client book and business in general, he said. In many instances, Recruit2Advice's clients are willing to increase ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... Sam Monteath said. Funds that proactively reached out to members were found to experience smaller or no declines in performance measures, the report states. Funds that displayed transparency around fees, investment options and communications were also ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... will pay distributions of approximately $0.3 billion in July. This figure will be reflected in the fund's FUM and performance fee update for next month. According to Rainmaker research, the fund manager bled $6 billion in the year to March. In April ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by solid corporate profits and a sharp rebound in technology stocks. Despite these gains, interest rate sensitive ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...

Global X launches commodities ETF

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
... inflation continues to prove persistent." Hannon added BCOM packages all commodities into one fund while capturing the performance of the entire commodities asset class for investors. "Doing so can help reduce both market and idiosyncratic risks of individual ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... the long run median, with MySuper products returning an average of 8% to May end, only to be further buoyed by the performance of equities in June. The ASX closed out the financial year with a total return of 14%, while in Australian dollar terms the ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... externally. In FY2022, ART reported -0.96% for its default option, dragged mostly by the bear market that pushed super fund performance in the red. The listed and direct property sector continues to be a bugbear for super funds. Those invested in Dexus ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... that they find it hard to implement material increases in flat fees for institutional clients via non-fee costs or performance-based fee structures. On the flip side, asset servicing providers, like custodians, can easily introduce price hikes to asset ...