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| | | ... active managers are dying a death domestically because of all the in-housing of assets under management by industry super funds. So, asset management is tough, and ETFs are doing well." He said, when you then look at the advice sector, advisers are making ... |
| | | | ... primarily driven by its recent merger with Spirit Super. The report also highlighted the continued expansion of industry funds in FY24, with their market share rising by 1.8% - from 38.2% to 40%. Industry fund growth came at the expense of self-managed ... |
| | | | ... complaints, AFCA said. "This amendment is a significant step forward in ensuring that all parties involved in the movement of scam funds are subject to appropriate scrutiny," said deputy chief ombudsman June Smith. Smith said the annual review is essential ... |
| | | | ... "common" holding, but there is growing interest in areas such as infrastructure, water rights, venture capital and hedge funds. Orrock added that while private markets have faced scrutiny and valuation resets in recent months, HNW investors continue ... |
| | | | ... organisations, and a belief that together, we can create a really compelling, premium service for advisers, fund managers, super funds and institutional clients." Zenith thanked Wright and Huddy for their contributions to the business. "Both David and ... |
| | | | ... the self-managed super side, and then we're seeing a concentration the other side, we're seeing competition for funds through the professional managed markets." Lee said this increasing turnover makes it "challenging and difficult for IPOs". ... |
| | | | ... (DCE) sector as being vulnerable to money laundering due to its speed, global reach, pseudonymity and ability to facilitate funds flows to and from foreign jurisdictions with low visibility. "The DCE sector is undergoing rapid growth, and we have significant ... |
| | | | Superannuation funds substantially upped holdings in global equities but scaled back on cash, as well as local fixed income and equities in the second half of 2024, new analysis from J.P. Morgan shows. The latest Super Fund Manager Radar note shows ... |
| | | | A Frontier report, commissioned by the Super Members Council, has argued that current preservation rules provide super funds with the flexibility to invest in unlisted assets, and warned that permanently relaxing these rules will decrease long-term ... |
| | | | ... Pearson, formerly based in Perth, is accused of having stolen millions of dollars intended for clients' self-managed super funds. She was permanently banned by ASIC in 2015 after it found she engaged in dishonest conduct and in conduct that was misleading ... |
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