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Showing 1151 - 1160 of 3760 results for "Alternative"

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Aberdeen Standard Investments has dropped the fees on its $180 million Australian fixed income fund. Effective November 1, the fund will go from charging 51 bps per year in management fees to 45 bps. "It is to ensure that we remain competitive. We recognise ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... the Innovation Benefits Award for its Mental Health Project with Sydney University Brain and Mind Centre to research alternative predications, and the Health and Wellness Programs Market View Awards. The Innovation Product Award went to MetLife 360 Health. ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... share price surged as much as 19.53% following the announcement on Friday. Ares Management said: "As a leading global alternative investment manager, in the ordinary course of business, Ares Management constantly evaluates numerous strategic opportunities ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... in-house legal counsel. He has also worked for Norton Rose and King & Wood Mallesons. He has been a member of the Alternative Investment Management Association (AIMA) Australia for five years, and was a finalist for the Corporate Counsel Awards 2020 ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... its knees, someone else had to clean up the mess. "Hopefully, the board acts rationally and accepts this bid; the alternative is a long, messy break up organised by a board with a poor track record." Like AMP chief executive Francesco De Ferrari, Ares ...

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
Link Group has rejected another offer made by the consortium which increased its bid to $5.40. The consortium led by Pacific Equity Partners and Carlyle Group increased its offer price on October 26. After careful consideration, Link rejected the offer ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... Link to $5.40 per share, 20 cents more than its previous offer. The consortium's previous proposal for a scrip alternative has been updated so that it includes the option of a cash offer for Link excluding PEXA of $3.80 per share, Link wrote in an ...