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Showing 1191 - 1200 of 4750 results for "July 24"

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
Ironbark Asset Management has terminated an emerging markets small caps fund, after the underlying manager decided to close. The Ironbark Copper Rock Emerging Markets Opportunities Fund aimed to beat the MSCI Emerging Markets Small Cap Index (in AUD) ...

Perpetual gets green light for acquisition

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Perpetual has been given the green light for its acquisition of a US-based asset manager. Perpetual announced in July it was seeking to acquire a 75% stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). The remaining 25% interest ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
Invesco is closer to launching a new ETF model in the US that hides the fund's investment strategy and some of its holdings. The global investment manager is in the final regulatory stage of having its active non-transparent ETF model approved. ...

The hits you don't see hurt the most: Aviva

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
A survey of institutional investors representing over €2 trillion in assets under management, conducted by Aviva Investors, demonstrated that COVID-19's blows to real assets have left pension funds wary. Less than half of insurance companies (49%) ...

Bendigo closes SmartOptions Super

KARREN VERGARA  |  THURSDAY, 5 NOV 2020
Bendigo and Adelaide Bank has closed its SmartOptions product due to a lack of demand. Bendigo SmartOptions Super (formerly Bendigo Super Plan), which closed on September 26, was established more than 20 years ago. It closed to new members from July  ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

IFM bets on SaaS

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
IFM Investors' new private equity growth fund has made its first transaction, taking a significant minority interest in Zuuse for around $50 million. Zuuse is a global provider of construction payment management Software as a Service (SaaS) solutions ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The Federal Court case brought by Mark McVeigh against the $57 billion industry super fund has been dismissed. The case was scheduled to be heard today but Justice Perram ordered that by consent the case was to be dismissed. McVeigh and Rest have been ...