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Showing 1161 - 1170 of 5334 results for "Third"

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... over the capital market indexes represents almost half of all superannuation assets." The report also revealed that one-third of default MySuper products are tracking below their investment objectives. The report compared super fund asset class sector ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... According to APRA statistics at October end, the bank had $166 million in total resident assets. By this measure, it is the third-smallest ADI of the roughly 124 operating in Australia. Bell Porter's Lafitani Sotiriou in a note sent to clients this morning ...

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... essential services property portfolio to approximately $500 million. The three assets are all leased to Australia's third largest private hospital operator, Healthe Care, with weighted average leases of 15 years each and annual rent increases. RAM ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... have a combined member base 120,000 and total assets of $20 billion. Upon completion, the merged entity will become the third-largest profit-for-members fund in Queensland. Sunsuper manages about $70 billion while QSuper has about $117 billion. Energy ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with a target launch period set for the third quarter of 2021. "[The two firms] have been working on a model which enables Australian Muslims to purchase a property with ...

Mantis to take over Copper Rock fund

KANIKA SOOD  |  FRIDAY, 18 DEC 2020
... Opportunities Fund wound up. DSM Capital Partners has been in the Australia and New Zealand market for six years, as a client of third-party distributor Clearway Capital Solutions, with whom it will continue the partnership. Clearway has focused on institutional ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... women members at 1.1 million. Of AustralianSuper's 2.4-million-member base, 957,000 or 40% are women. Sunsuper came third, with women comprising 43% of the total number of 1.5 million members, APRA data shows. Nearly 80% of HESTA's total membership ...

State Street launches new data platform

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... Azure. The State Street Alpha Data Platform combines data from multiple sources in the investment process (internal and third parties services) to give managers near real-time data. It will also provide a data catalog and visualisation capabilities ...

Active manager winning streak short lived

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... the fray, while bond funds (75%) tended to maintain top-quartile rankings. Over a five-year period to June 2020, only a third (31.3%) of the 166 funds analysed remained in the top quartile; about 11.4% were liquidated or merged. Aussie equity mid- and ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... million. The combined tax bill accounts for more than 60% of all corporate income tax was paid in 2018/19. Despite this, a third of all companies paid no income tax at all which may be due to legitimate reasons such as operating losses, utilising losses ...