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Showing 12881 - 12890 of 22888 results for "Funds"

States urged to recycle infrastructure

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... serious revenue for state governments. With Australia's $1.8 trillion pool of superannuation growing, and overseas pension funds also interested, there is no shortage of buyers. Early responses were positive. Industry Super Australia's Matt Linden said ...

IOOF secures strong advice channel with SFGA bid

LAURA MILLAN  |  FRIDAY, 16 MAY 2014
... give IOOF the right to purchase about 16% of SFGA shares. The combined business would be the fourth largest in Australia by funds under advice, according to the December 2013 Rainmaker Advantage Report. Both businesses would hold $51 billion in FUA ...

SMSF flexibility makes them error prone

ALEX DUNNIN  |  FRIDAY, 16 MAY 2014
Self-managed super funds not being required to report to their members is one of the reasons these funds are vulnerable to compliance problems. Speaking at this week's Financial Services Technical Services forum, AMP SMSF Administration head of technical ...

Moving on up

BENJAMIN ONG  |  FRIDAY, 16 MAY 2014
... compares with gains of 1.6% and 1.7% for the MSCI Emerging market index and the MSCI World index, respectively. The inflow of funds into the Philippine stock market had, no doubt, been boosted by the upgrade to its credit ratings by the three major credit ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at ASFA's post-budget briefing in Sydney yesterday, Vamos said that while there was not a great ...

IOOF awards $115m global equities mandate

MARK SMITH  |  THURSDAY, 15 MAY 2014
... manage a $115 million active global equities strategy as part of its IOOF MultiMix suite of multi-manager superannuation funds. The mandate was awarded to SSgA's Global Managed Volatility Alpha fund. The "benchmark unaware" strategy, which was launched ...

LUCRF names Sword's replacement

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
... acknowledge that his leadership has placed the fund in a strong competitive position for its 182,000 members and $4 billion funds under management."

Budget presents huge opportunity for wealth industry

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
... way." According to Dunnin, managed accounts, negatively geared property, margin lending, and traditional retail managed funds could come to the fore as funding solutions for those approaching the eligibility age. "It's all those things we used to talk ...

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
... year period. The group's completion of previously announced property transactions resulted in an $11 billion reduction in funds under administration (FUA) with a further $4 billion to follow in the fourth quarter. Commonwealth Bank benefitted from combined ...

Delay in SG rise 'disappointing', says industry

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
... level until 2018, when it will rise at a rate of 0.5% a year until it reaches 12% in 2022. The Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos, who has been a vocal proponent of raising the SG sooner rather than ...