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Showing 1191 - 1200 of 10112 results for "Trust"

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... Coming in third was Vanguard at US$6 billion. Meanwhile, for value PIF leads among SWFs due to its investment strategy, trust in its name, brand awareness, and for being a catalyst for advancement, Brand Finance said. On PIF, it said: "PIF has the single ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... last year, especially among self-directed members aged 45-65. For this group, key triggers include job changes, lack of trust, and poor fund performance. "The persistently high switching intentions among self-directed members highlight the opportunity ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... of six registered managed investment schemes: the Aurora Absolute Return Fund, HHY Fund, Aurora Property Buy-Write Income Trust, Aurora Global Income Trust, Aurora Fortitude Absolute Return Fund and Aurora Dividend Income Trust. ASIC found Aurora failed ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... sentencing Gordon, the presiding Judge condemned his actions as "deliberate, fraudulent and unforgiveable given his position of trust" and noted that his conduct involved people's livelihood. The Judge also highlighted his lack of effort to make restitution ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... Brookfield Oaktree Wealth Solutions' global private credit strategy later this year, with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early 2025, they confirmed. Brookfield ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... imposing the sentence. Judge Heaton KC said Ali's offending involved a level of sophistication, over a period, exploiting the trust of his victims, and that his dishonesty contributed to particularly devastating financial positions for those victims. ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... of the Retirement Living business in 2018, Lendlease has sold down two further tranches of the units in the joint venture trust in the 2021 and 2022 financial years, totalling 50%. The ATO has not issued amended assessments in respect of those subsequent ...