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| | | Bennelong Funds Management has appointed a former Zurich Investments executive to the role of national account manager. Zac Wallis will join on 27 October and be based in the Sydney office. He will contribute to the business development function across ... |
| | | | The vast majority of Australian active managed funds have under-performed their respective benchmark across virtually all sectors of the market over one, three and five years, the latest data from S&P Dow Jones Indices shows. The worst offending sector ... |
| | | | ... ASX mFund Settlement Service. This means customers who use Lonsec as their online broker will now be able to access the 63 funds listed on the mFund service. Lonsec is the eighth broker to join mFund, following Amscot, Baillieu Holst, Bell Direct, Burrell ... |
| | | | Yellow Brick Road's newly branded funds management business Smarter Money Investments has received two ratings for its Smarter Money Active Cash Fund. Australia Ratings, a new credit rating agency founded by former Standard & Poor's Managing director ... |
| | | | ... superannuation, which amounts to nine months' worth of super for someone on average weekly earnings. The Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos urged people to be engaged with their superannuation to ensure ... |
| | | | Melbourne-based advisory firm Paradigm Wealth Management has almost doubled its funds under advice to $350 million following the acquisition of independent planning practice, Portfolio Managers. The acquisition, which was completed recently following ... |
| | | | ... accommodate the change, head of retirement Michael Falcon will move to Hong Kong to take on a new role as head of the Asia Pacific funds business. Falcon joined JP Morgan in 2010 and has nearly 30 years' industry experience. The company is yet to announce ... |
| | | | ... (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation Authority (APRA), showed retail funds' MySuper products has outperformed industry funds since the beginning of the regime in January 2014. It calculated that FSC ... |
| | | | ... Director of the Company." But when a 70 year old former client of Lim's invested $100,000 in the IPO, Lim transferred the funds into his private bank account and used them for business and personal purposes unrelated to the IPO. ASIC's investigation ... |
| | | | ... returns at 6.8% pa. Rainmaker, the research partner of SelectingSuper, noted in a statement that not-for-profit (NFP) super funds achieved 12 month returns of 11.3% and retail funds (ie corporate master trusts) achieved 10.3% for a 100 basis point segment ... |
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