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Showing 101 - 110 of 281 results for "Underperformance"

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... said. "Poor performing funds will have nowhere to hide and will be required to notify their members of their underperformance." The government will also launch YourSuper, an online portal aimed at educating Australians about super fees and returns. "Over ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
The prudential regulator has lambasted superannuation funds for not taking underperformance seriously and failing to compare themselves accurately against their peers. APRA deputy chair Helen Rowell said that many superannuation funds are overlooking ...

Advisers shift to ETFs from active managers: VanEck

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
... increase their use of smart beta strategies in 2021 in response to concerns over actively managed funds. "The underperformance by active fund managers is contributing to the shift to ETFs, as well an increased awareness of ETFs in the financial services ...

Super fund tops up Tribeca mandate

KANIKA SOOD  |  FRIDAY, 11 SEP 2020
... investment grade from Lonsec. UniSuper stuck with Tribeca through the leadership changes and last year's underperformance, after allocating to the Tribeca strategy since late 2017. Tribeca Alpha Plus also survived UniSuper's trimming of its external ...

NZ Super Fund posts positive result

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
... second biggest monthly reduction in its history, of 12.27%." However, NZ Super chair Catherine Savage said the underperformance was due to the long-term strategy of the fund. "Given the NZ Super Fund has a long-term horizon with no substantial withdrawals ...

No bonus again for Platinum's Clifford

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... most notably our Asia ex-Japan and International Health Care focused strategies," the annual report reads. "This underperformance in the flagship fund translated into net outflows and lower funds under management, albeit that overall revenues were flat ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... offer more favourable terms, such as a significantly lower management fee and the requirement to recoup any prior underperformance before the payment of future performance fees, is superior than that endorsed by the CIE board of directors with the WCM ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... Martin Switzer's Contango Income Generator (CIE) fund has been forced to change its investment strategy due to underperformance as a result of lower dividend yields, saying its strategy is no longer appropriate. The manager of the fund, Contango Funds ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... the year to date," bfinance said. "Quality managers underperformed by nearly 3% in Q2, but the more significant underperformance was felt among those strategies with a focus on low volatility (-10%), income (-7%) and value (-4%)." There has also been ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... fund to Alliance Bernstein for global credit and green bonds was also noted as delivering the "vast bulk" of underperformance.