Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1281 - 1290 of 8106 results for "Total"

APRA moves to unmask super funds' spending secrets

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... transparency in how superannuation funds spend and invest members' money. The prudential regulator is proposing to publish total expenses for the industry by category and by internal, related outsourced and non-related outsourced arrangements for ...

ASIC cracks down on 11 SMSF auditors

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... deputy chair Sarah Court. Court highlighted that auditors are responsible for overseeing 610,000 SMSFs, holding a combined total of more than $875 billion in funds. "SMSF auditors play an essential role in supporting confidence in the SMSF sector, and ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... Pengana Diversified Private Credit Fund offers Australian investors greater access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... market share According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by registered financial corporations (RFCs) and managed investment funds (including hedge ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... of agreement with Sentinel to sell both properties, valued at $110.5 million in its 30 June 2023 financial report, for a total consideration of $80.0 million. The assets in question, Botanicca seven and nine office properties located in Melbourne, were ...

Fixed income expected to be hotter than stocks: Report

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... pension funds, insurance companies, asset managers, family offices, other institutional investors, and wealth managers with a total of $405 billion assets under management (AUM) across the globe. It found 7% of respondents expect fixed income to retain ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... outstripping both active and market capitalisation strategies, he said. As a result, smart beta now represents 16.6% of the total ETP industry. The survey suggested smart beta's popularity might feasibly continue, with 99% of advisers satisfied with ...

Dimensional launches Aussie fund to NZ market

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... assets invested. Dimensional has partnered with fund hosting platform FundRock New Zealand to launch it to Kiwi investors. Total annual charges for the new fund is estimated at 0.35%, Dimensional said. "We have seen a strong appetite among New Zealand ...

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... Alex Dunnin, even if the HAFF achieves its objective of adding 30,000 new homes, this would only increase Australia's total housing stock by a minute 0.3%, bringing it to 10.9 million homes.

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... she wrote. Castledine said it is vital that "manufacturers and distributors, including platforms, assess fair value and total costs across the whole value chain to understand how the fee they charge fits into the wider picture from a customer's perspective ...