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Showing 101 - 110 of 311 results for "Unit trust"

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
New research from actuary Plan For Life has found that overall group risk premium inflows fell 15% over the 12 months to June, with fresh legislation to blame. This includes the 'Protecting Your Super' legislation, which came into effect on 1 July 2019 ...

MLC cuts fees, commissions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
MLC has cut fees and commissions on its platform for MLC MasterKey Investment Service and MLC MasterKey Unit Trust. For MLC MasterKey Investment Service the administration fee on the cash fund will reduce from 0.81% to 0.55%. The admin fee for the MLC ...

T. Rowe Price appoints head of intermediary

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
The global manager appointed a head of the intermediary channel for Australia and New Zealand, after the incumbent was promoted to local distribution head in May. Jonathon Ross moved into the position on a permanent basis on September 1, after acting ...

Evans & Partners explore open-ended funds

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... both funds, said it is exploring changing both funds from a closed-ended listed unity trust to an open-ended unlisted unit trust. "As COVID-19 continues to create volatility in Australian and global markets, the responsible entity has been exploring ...

CFS drops fees on external fund

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... exposure to 230 of the most liquid global financial and commodity futures, currency forwards and (through an unlisted unit trust) other derivative contracts. The class A returned 2.04% in the year June. Six month returns for the period were -3.02%. CFS ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... range of global investment strategies to institutional clients in Australia and New Zealand, as well as five Australian Unit Trust funds to retail and advisor-directed investors in Australia.

Global asset manager launches new fund

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
... T. Rowe's equity division and draws on a team of more than 300 research analysts around the globe. As an Australian unit trust, the fund is available to wholesale and institutional investors in Australia and New Zealand, as well as to retail and advised ...

Pinnacle boutique launches Cayman fund

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... the March quarter. Reminiscent Capital's Asia Macros Master strategy has so far been available as an Australian unit trust but will now be available as a Cayman fund. The strategy invests in rates, FX and equities and was previously only available ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global Equity Fund (I Class) from 1.18% to 0.94% per annum, effective from July 1 this year. Management fees ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... employee) estimated it could hit about $185 million in two years, on the back of individually managed accounts and a unit trust. However, the plans did not pan out and for FY18 and FY19, the AFSL reported no activities or revenue and a small balance ...