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Showing 12071 - 12080 of 22838 results for "Funds"

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
... Thierry Bareau argued that the positive market share growth can largely be explained by ongoing aggregation of superannuation funds. "For example, super fund mergers announced over the past 12 months include Sunsuper and Chifley FuturePlus, while PrimeSuper ...

Magellan doubles profit, consolidates global presence

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
... share, 125% more than a year before. Magellan chief executive and chief investment officer Hamish Douglass said that 55% of funds management revenue excluding performance fees was generated from Magellan's core retail business and 45% from its institutional ...

Low rates set to push fixed income ETF growth

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
Demand for exchange traded funds (ETFs) holding fixed income is set to increase on a low rate environment, iShares director Jonathan Howie said. Howie told Financial Standard that demand for BlackRock's three fixed income ETFs has increased since mid-2014. ...

Managed accounts work for insto investors too

ALEX DUNNIN  |  FRIDAY, 20 FEB 2015
... structures themselves." Keith said this way of administering alternatives is being adopted by more European and US pension funds as they increasingly run larger proportions of their investments in-house. The bespoke solution is particularly useful for ...

Super is working but can be improved: Ripoll

MARK SMITH  |  FRIDAY, 20 FEB 2015
... the savings the system provides the Federal Government cannot be ignored. He pointed to the Association of Superannuation Funds of Australia (ASFA)'s estimate that more than $7 billion a year is saved from Age Pension outlays because individual superannuation ...

SMSFs attract too much criticism

MARK SMITH  |  THURSDAY, 19 FEB 2015
... recourse borrowing arrangements. LRBAs barely registered as a thin, flatish line at the foot of a towering peak. "So few funds use LRBAs," Burgess said. "The effect is immaterial. Any problems should be addressed with legislation, and the effects measured ...

Pro-active, timely responses avoid SMSF penalties

MARK SMITH  |  THURSDAY, 19 FEB 2015
... scenarios we might be able to avoid the audit. "The aim of ATO is to keep money in the superannuation system. When we make funds non-complying we are looking for advisers and members to work with us to address the breach. If people stay non-compliant ...

Market Wrap PM

AAP  |  THURSDAY, 19 FEB 2015
... The share market is lower as disappointing corporate earnings outweigh the positives of an extension of Greece's emergency funds. The market opened higher but fell into negative territory as financial results from companies including Coles owner Wesfarmers ...

Government urged to leave super taxation alone

MARK SMITH  |  THURSDAY, 19 FEB 2015
... the $560 billion self-managed super fund (SMSF) sector, Mason reminded delegates of the outperformance of the majority of funds versus funds regulated by the Australian Prudential Regulation Authority (APRA) between 2008 and 2012 and said it was a sector ...

AMP profit up 32% in 2014

LAURA MILLAN  |  THURSDAY, 19 FEB 2015
... in 2013. Underlying profit was $1,045 million, up 23%, and cashflows were strong for both the wealth management and the funds management arms of the business. Cashflows for wealth management were $2.3 billion in 2014, up $115 million from 2013. Assets ...