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Showing 101 - 110 of 20501 results for %22Funds SA%22

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... after investment and transaction costs. AvSuper and ART both use AIA Australia - yet fees the insurer charges differ for the funds. AvSuper warned that members "may pay more for insurance cover in ART". Some examples of difference in cover include AvSuper ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
Superannuation funds will be focused on ongoing merger activity and strengthening retirement strategies and product solutions in the next few years, according to Deloitte's Dynamics of the Australian Superannuation System report. The report forecasted ...

Funds SA asset allocation head to depart

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
Funds SA, the $42 billion public sector investment manager, has confirmed its asset allocation lead will leave the fund next month and take a short career break. Brendan Hallett said he wants to return to the east coast and and look for opportunities ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... managers Dylan Bourke and Mark Bayley. It targets a return of the RBA cash rate plus 6% per annum and is distributed by Mantis Funds. Warehouse financing, which is common among non-banks lenders, is a type of private debt securitisation. Warehouse financing ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... Creigh by third parties associated with an entity calling itself Liquid Assets Group (LAG)," ASIC said. "Creigh transferred funds invested in the Crypto Fund overseas to invest in the LAG Fund, which turned out to be an investment scam, causing investors ...

Institutional investors shift gears amid 'new market regime'

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... alternative energy, meanwhile 51% are interested in new infrastructure projects such as energy storage and grids. Notably, pension funds in the Asia Pacific (APAC) region showed above-average interest in nature-based solutions. Nuveen's head of global ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... Australian and New Zealand fund managers." Chan has been with Morningstar for just over ten years, having also worked in managed funds research and advisory in Australia for Macquarie and Lonsec. He said Michael Malseed and Simon Scott will provide day-to-day ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
Industry funds will soon be home to more than 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... harm caused by offering retail investors the ability to trade CFDs. In October 2023, a class action was filed against BT Funds Management as trustee of BT Super, while IG Markets was the target of two class actions filed in May 2023. Overall, the number ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... superannuation in a financial product. ASIC found that Rose engaged in conduct that was dishonest, determining Rose knew funds had been deposited for the purpose of investing in a financial product and that he "knowingly and dishonestly applied those ...