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Showing 1161 - 1170 of 8239 results for "June"

ETF Securities becomes Global X ETFs

CASSANDRA BALDINI  |  MONDAY, 19 SEP 2022
ETF Securities has rebranded as Global X ETFs after being acquired by Mirae Asset Financial Group and Global X in June. Going forward, the combined company will use the Global X ETFs name and logo and ETF Securities' listed products will be renamed. ...

ETFs, smart beta grow in popularity

CASSANDRA BALDINI  |  FRIDAY, 16 SEP 2022
... Neiron explained that, despite market volatility, fund managers aren't taking an active approach. "By way of example, the June 2022 SPIVA scorecard by S&P Dow Jones revealed 31.8% of Australian equity mid and small cap funds beat their benchmark indices ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
... company engagement, advocacy and investing in companies that are "instrumental in achieving a net zero future." As of 30 June 2022, 2.8% of the fund's investments were in fossil fuels, up from 2.55% in 2021. UniSuper said the value of the investments ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... over its indices to the MSCI World Climate Paris Aligned Index and the MSCI Emerging Markets Climate Paris Aligned Index in June, with the new benchmark taking effect on 1 July 2022. The changes apply to the fund's reference portfolio benchmark and its ...

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... appointed to head up Sequoia Financial Group's licensee, Libertas Financial Planning. Osborne, who resigned from Synchron in June after just five months, will support the ongoing development of advisers across Sequoia's licensees, with core consideration ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... cover any redress payments Link Fund Solutions might be required to make following the mismanagement of the Woodford fund. In June 2019, after years of underperformance, Neil Woodford issued an apology to investors via YouTube whose money was frozen ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
... dishonestly obtaining a financial advantage. Bilton was found to have deceived St George Bank on 115 separate occasions between June 2013 and May 2015. The charges are concerning her involvement in obtaining overdraft funding from St George for BBY which ...

Rising number of active funds underperforming: SPIVA

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... small-cap equity categories." Liquidation rates for most active fund categories were moderate over the one-year period ending 30 June 2022. Australian Equity A-REIT funds recorded the highest liquidation rate at 12.3%, whereas only 2.7% of Australian ...

Aware Super launches $7 billion property arm

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... Aware Super has launched its real estate arm and intends to hold $7 billion in assets within five years. First announced in June, Aware Real Estate will actively manage the super fund's directly owned Australian living, industrial, office and mixed-use ...

What's the deal with managed funds?

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... showed the total managed funds industry fell $180.2 billion (-4%) to $4296.3 billion in funds under management, during the June quarter. The consolidated assets of managed funds institutions fell by $127 billion (-3.5%) to $3457.3 billion. Cross invested ...