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

Search Results

Showing 111 - 120 of 282 results for "Mutual fund"

ETF businesses bullish on growth prospects

MARK SMITH  |  THURSDAY, 17 DEC 2015
Exchange traded fund (ETF) businesses expect to grow by nearly 18% per year for the next three to five years, according to EY's 2015 Global ETF Survey. Despite an unstable economic environment, more than 90% of those surveyed expect the industry to ...

Target date funds just 3% US retirement assets

ALEX DUNNIN  |  MONDAY, 9 NOV 2015
... share of defined contribution funds established by employers. But in addition to retirement target date funds, the US mutual fund market also includes a further US$394 billion in 'lifestyle' funds which aren't necessarily part of the retirement system ...

PROFILE: Magellan chief investment officer Hamish Douglass

MARK SMITH  |  WEDNESDAY, 9 SEP 2015
Magellan Financial Group has outgrown its 1960s office block on Sydney's Castlereagh Street and co-founder Hamish Douglass is looking for new premises. But the manager of the highly successful Magellan Global Fund is worried the sites he's been shown ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
A United States Supreme Court ruling has cleared the way for actions against institutions that fail to monitor the effects that climate change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating ...

Medcraft sticks up for asset managers

MARK SMITH  |  TUESDAY, 23 JUN 2015
Imposing new banking regulations on asset managers would be like "creating a square peg for a round hole," according to ASIC and International Oraganization of Securities Commissions (IOSCO) chair Greg Medcraft. Speaking in his capacity as the head ...

US fiduciary rule fight not slowing down

ALEX DUNNIN  |  TUESDAY, 16 JUN 2015
... that claimed financial incentives to advisers could cost an estimated $210 billion over the next decade just in the mutual fund segment segment alone. Additional follow-up research released in February this year by the DOL nevertheless echoed SIFMA's ...

PROFILE: PM Capital CIO Paul Moore

MARK SMITH  |  FRIDAY, 22 MAY 2015
... at the time I just thought, 'Hey, this is great!'" Moore admits. At one point Moore's trust was the best performing mutual fund in the country as a result of his decision to invest in US financials. "Through good luck or hard work, the performance of ...

Vanguard overtakes PIMCO as largest bond manager

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
... between active and passive investment reached new heights when Vanguard overtook PIMCO as the world's largest bond mutual fund. April data showed that PIMCO's Total Return Fund was holding $110.4 billion, while Vanguard's Total Bond Market Index Fund ...

Ausbil appoints head of institutional business

DARREN SNYDER  |  MONDAY, 20 APR 2015
... positions with Deutsche as chief executive of Deutsche Asset Management in Sydney and as the head of the company's US mutual fund business. Prior to this, he was at Bankers Trust where he was head of BT Funds Management New York. His appointment begins ...

Even simple funds pose risks: IMF

DARREN SNYDER  |  FRIDAY, 10 APR 2015
Even simple investment funds, including long only mutual funds, can pose financial stability risks, warns the International Monetary Fund (IMF). The international body's recent update to its Global Financial Stability Report offered five policy messages ...