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Showing 111 - 120 of 9863 results for "Index"

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
Rest has announced a raft of changes to its investment menu, including a reduction in the number of investment options from 15 to nine. From September 30, the super fund will streamline its investment menu in a move it said will make the selection process ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
Hostplus has announced it is introducing three new investment options for members from October 1. The super fund said the new options are Indexed Growth, Indexed Conservative Balanced and Indexed Capital Stable. Indexed Growth will target 2.5% above ...

Global X names head of portfolio management

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... years of extensive portfolio management experience. He joins Global X from UBS Global Asset Management, where he led the index portfolio management team in Australia for over 12 years. During his tenure, Wolak spearheaded the establishment of the firm's ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... basis point rate cut for the US Federal Reserve. The US presented a modest rise of 20 basis points (3.2%) in its inflation index in July, the lowest level since April 2021. deVere group chief executive Nigel Green suggested the Fed was already behind ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Independent MPs have called for urgent amendments to the Better Targeted Super Bill, particularly regarding the proposed taxation of unrealised gains. The controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... trust offering investors an Australian equity exposure which aims to outperform the S&P ASX Small Ordinaries Total Return Index over the medium term. The fund has been in operation since July 2012, and over this time after all fees has outperformed the ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... million, Perth Mint at $86 million, and Platinum at $82 million. The top products by inflows in July were the Vanguard MSCI Index International Shares ETF ($357 million), Betashares Global Shares ETF ($213 million), Vanguard Australian Shares Index ETF ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... Active ETF. This is the new naming convention for ETF and managed funds investors. Last year, DFA made its debut in the index fund landscape, launching three actively managed core equity strategies. They were the Dimensional Australian Core Equity Trust ...

FTSE Russell hires client coverage lead

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... asset owners, asset managers, and institutional clients. Lee takes on the role of FTSE Russell head of client coverage, index investments group, Pacific. She joins from SSGA where she spent the last two years as an equity investment strategist for Asia ...