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| | | ... set to close after more than eight years in business. Principals from the group, which sits under Challenger's boutique funds management business, have written to clients to inform them that the business will be closed because sufficient scale has not ... |
| | | | ... arm and access to the high net worth market. The proposed merger will create Australia's fourth largest advice business by funds under advice, according to the December 2013 Rainmaker Advantage Report. The new business will be smaller than AMP, RBS Morgans ... |
| | | | ... also be accessed in the app through the 'Breaking News' section. For investment professionals, the research tables on super funds and managed funds performance data - supplied by Rainmaker Information and publishers in the print edition - are also on ... |
| | | | ... new role, Kerry Angel will represent the Bloomberg Indexes business in Australia and New Zealand, and license index-linked funds/swaps, custom index services and index subscriptions to financial institutions and the index user community. Angel spent ... |
| | | | ... 8.3% pa, five year average annual returns are 9.2% pa and 10 year average annual returns are 6.9% pa. Not-for-profit super funds achieved 12 month returns of 11.6% and retail funds (ie corporate master trusts) achieved 9.2% for a segment gap that has ... |
| | | | ... Standard that it was awarded the mandate, which is more than 1% of the value of AustralianSuper's portfolio. Causeway manages funds for six institutional clients in Australia, including $385 million for NAB-owned JANA. As of last month, the group's total ... |
| | | | ... However, while AMP Capital's screen focuses on fossil fuels with the highest emissions and only applies to a select few funds, Hunter Hall has said it will entirely screen out all fossil fuel companies. Hunter Hall chief executive Peter Hall said: "Hunter ... |
| | | | ... information from a competitor. An investigation by the Australian Financial Review found that head of Macquarie Agricultural Funds Management Tim Hornibrook extracted sensitive details about a competitor's profits, fee structure and returns by pretending ... |
| | | | ... "The arrival of no frills MySuper accounts has placed downward pressure on management fees, creating further impetus for funds to properly review their overall value proposition for members," he said. "Further, we expect the level to trend down to 1.00% ... |
| | | | ... AMP Capital announced it had introduced new fossil fuel screening criteria for its Responsible Investment Leaders (RIL) funds that would result in the exclusion of 56 companies from its investible universe, only one of which was Australian. Ian Woods ... |
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