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New player in geared, index-shorting ETFs

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... months, short and leveraged products have been used by investors, when there is here more volatility," Chugh told Financial Standard. "This space in Australian market has traditionally been underdeveloped. A lot of work has been done already on what ...

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... including what benefits superannuation has over the short and long term. FNF chief executive Phil Usher told Financial Standard he would like to see more funds get on board to help those in more remote communities. "It's a really good sign from the companies ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... "another horrendous Rio decision", and came just weeks after several super funds invested in Rio Tinto told Financial Standard they were engaging with the company in the hopes of preventing similar events from occurring in future. That engagement was ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... we expect to see about 3000 new members join the fund a year," First Super chief executive Bill Watson told Financial Standard. The fund's current member base stands at about 45,000 not accounting for future ERS impact. The 3000 a year addition could ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... strategies, only recently made a move to sell private asset funds to local investors, as first reported by Financial Standard in January this year. Globally, it manages $60 billion in private assets. Smith says, it will also set up a private debt strategy ...

Cbus brings digital assets in-house

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... assets in-house, with the aim of increasing member engagement. Cbus chief technology officer Rob Pickering told Financial Standard the fund has been working on the project for over two years now. "We want to have that real single channel experience and ...

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
... members," Pitcher Partners Melbourne client director, superannuation services Brad Twentyman said in a statement to Financial Standard. As a result of the merger, Twentyman added that it's anticipated members will benefit from improved investment ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... presents a great opportunity for us to cross-sell across the two businesses' client base," Wright told Financial Standard, declining to disclose the final agreed sales price. Chant West Holdings has 70 staff across offices in both Sydney and Melbourne. ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... product list. Leigh was not clear on his source for the $22,000 figure, and a spokesperson for AMP has since told Financial Standard there is no fee to be on an AMP approved product list. "We roughly have a little more than 1000 products on our approved ...

No rating cut for VGI funds as Tynan leaves

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... investment strategy," Zenith Investment Partners head of real assets and listed strategies Dugald Higgins told Financial Standard. He also said VGI has added more people to the business on the marketing and distribution side. "While it is not directly ...