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Showing 1191 - 1200 of 7095 results for "June 2013"

Longwave hires portfolio manager from IFM

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
Longwave Capital Partners appointed a portfolio manager who was most recently an investment director at IFM Investors. Melinda White joins the Pinnacle Investment Management boutique, bringing 20 years' experience across domestic and global markets. ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
By most accounts, Jacinda Ardern's island has succeeded in combatting the coronavirus pandemic. As at October 26, worldometer.com data showed that New Zealand ranked among one of the countries in the world with the lowest case of COVID-19 infections ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Choice products charge significantly higher and tend to underperform compared to MySuper options, new analysis by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
The legislation that will see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill ...

Morningstar launches multi-asset indexes

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
Morningstar has launched new target allocation indexes to benchmark multi-sector funds in Australia and New Zealand. The launch of the Morningstar Australia and New Zealand Target Allocation Index Family follows recent research from the rating house ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
The government has moved on its election promise to scrap the $450 threshold for superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday ...

AFCA appoints senior ombudsmen

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
In what is a newly created role at the industry body, internal promotions have seen the appointment of seven senior ombudsmen. The Australian Financial Complaints Authority has created the new role to strengthen its dispute resolution efforts, with ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Financial advisers have been focused on mitigating the impacts of COVID-19 on superannuation for their clients, according to BT. BT's technical team received over 2000 enquiries from advisers in the September quarter and the most asked question was ...

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management. Investors were notified in December last year that an assessment of the fund's viability would take place this ...

Pendal FUM rises despite mandate losses

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
Several mandate losses did not dampen Pendal Group's 30% increase in funds under management for the September quarter. Pendal's total FUM grew to $139.2 billion from $106.7 billion quarter on quarter, a trading update on the ASX shows. For its ...