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Showing 1381 - 1390 of 8322 results for "Retail"

UBS AM wholesale client coverage lead departs

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... implementing and monitoring the firm's strategic engagement with a broad range of investors. He is the former national manager of retail at Lazard Asset Management, and director at BlackRock and Merrill Lynch Investment Management. Marcus Cleary has ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... products reached $850 billion, rising 19.3% year on year. Industry funds' assets stood at $857.6 billion, also up nearly 20%. Retail super funds recorded a growth rate of 17% to $651.2 billion. The self-managed super fund sector had $787.1 billion at ...

What Gen Z think about investing

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... historically has been the mainstay for Australian investors outside of super, has become far more accessible in recent years. "Retail investment platforms, such as Vanguard's Personal Investor, now provides affordable access to funds and ETFs that place ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... administration fees will not punish funds that reduced fees in recent years. "This isn't about industry funds versus retail funds. It is simply about underperformance," she said.

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... and objective standpoint. The institute established the taskforce to analytically assess the many factors at play in the retail disability insurance market and to manage a process where all parties tried to understand the issues and how to improve outcomes ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... but both its manufacturing and services sector had been expanding since May last year and latest activity indicators - retail sales, industrial production and fixed asset investment - suggest they'll continue to do so. To be sure, there were really ...

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... understands. The 33-year-old Intrust has about 96,000 members, and 30,000 employers in the hospitality, clubs, tourism and retail sectors. Its MySuper product returned 6.7% p.a. in the three years and 8.29% p.a. in the 10 years ending April 30. Hostplus ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... influenced the financial product advice provided or the choice of financial product recommended by Equiti FS advisers to retail clients. ASIC also claims that between 18 May 2015 and 13 February 2018, Equiti FS advisers gave financial advice that was ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... offshore fund infrastructure and time-zone centric distribution are well in place to underwrite future growth. FUM for the retail channel hit $19.3 billion at the end of the month, growing from $16.7 billion at the end of December 2020. Some challenges ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... quarterly changes in labour costs (down to 1.6% in April from 1.9% in March), purchase costs (down to 1.6% from 1.9%) and retail prices (down to 0.8% from 1.0%) have been decelerating. In addition, wages growth remains contained - up 1.5% in the year ...