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Showing 111 - 120 of 783 results for "Retail fund"

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
Cromwell Funds Management has sold a refrigerated distribution facility in South Australia for $63.05 million; an 18.96% premium to the asset's book value. Cromwell has sold Rand Distribution Centre on behalf of its owner, Cromwell Property Trust (C12) ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
Fractional investment platform DomaCom has received confirmation from the tax office that a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home. The ATO's Administrative Binding Advice confirms ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... 52% of total super savings, fees paid by NFP fund members account for the same amount in fee revenue. In contrast, retail fund members are paying 29% of total fee revenue despite only representing 23% of the system's funds under management. That said ...

Warakirri launches retail funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital. Warakirri is launching a new global emerging markets fund that invests in 20-40 stocks. It is managed by Northcape, whose ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... integrating ESG research. Perpetual has set the fees at 89bps per year (plus 15bps buy/sell spread). The equivalent US retail fund has been running since 1999 and has US$579 million in total assets. It is managed by Jim Madden, Matthew Patsky and Patrick ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... Meanwhile, a senior BDM at an investment platform can expect to be paid between $140,000 and $190,000. Those working for a retail fund manager should see between $160,000 and $200,000, while institutional funds management BDMs can command between $170,000 ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ...

IFM adds to leadership

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
IFM Investors strengthened its leadership by appointing a former politician as an executive director in its UK business. The industry super-owned global asset manager appointed former British Labour MP and Shadow Minister of State for Pensions Gregg ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

Industry funds continue risk-adjusted domination

HARRISON WORLEY  |  FRIDAY, 12 JUN 2020
... funds have continued to dominate Rainmaker's league tables for risk-adjusted MySuper returns, despite an ethical retail fund muscling its way into the top 10. Industry super funds took all but one of the top 10 positions in Rainmaker's latest ...