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Showing 111 - 120 of 313 results for "Unit trust"

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global Equity Fund (I Class) from 1.18% to 0.94% per annum, effective from July 1 this year. Management fees ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... employee) estimated it could hit about $185 million in two years, on the back of individually managed accounts and a unit trust. However, the plans did not pan out and for FY18 and FY19, the AFSL reported no activities or revenue and a small balance ...

JBWere partners with cash platform

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
JBWere has signed an agreement with a cash platform to benefit its 500-strong adviser network. The wealth manager will use Cashwerkz's term deposit and at call solutions via the latter's online marketplace. Cashwerkz's platform has over ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
... the Australian registered Orbis Global Equity Fund, that totals $3.1 billion. First Super has been invested in this unit trust since July 2010. Rainmaker data shows Orbis has approximately $11.7 billion in Australian sourced funds under management. Orbis ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
Global regulators are taking notice of the maturation of exchange-traded funds, with the US Securities and Exchange Commission adopting a new rule to modernise their regulation. Twenty seven years on from the launch of the first ETF, the SEC has voted ...

Bennelong boutique scores first insto mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
... investment banking group. It partnered with multi-boutique Bennelong Funds Management in 2015 and launched its retail unit trust the next year, which has outperformed benchmark by 4.29% p.a. net of fee since original inception in 2014, when it was under ...

Equity Trustees confirms international strategy

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... and Mercantile Global High Alpha Fund in Australia in 2017. That appointment made it the first Australian registered unit trust developed by the London based investment manager. "This is a significant appointment for our global fund services business," ...

Vanguard launches three new active funds

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
Vanguard has launched two new actively-managed, low cost equities funds managed by external managers, as it kicks off a lineup of active funds in Australia. The company has offered factor-based funds in Australia for roughly the past two years but this ...

Fund manager hires new institutional head

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
An $11.7 billion investment manager has responded to increased domestic and international demand by appointing a new national manager for institutional business from AMP Capital. Ausbil's new national manager for institutional business is Camilla Skalberg ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
... terminated its mandate with Woodford Investment Management earlier in the week. Woodford had run the firm's UK High Income Unit Trust, Income Distribution, and SJPI UK High Income funds, with assets totalling £3.5 billion.