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

Search Results

Showing 1391 - 1400 of 8466 results for "Managed"

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... 2015, Bradley Grimm engaged in dishonest conduct on five occasions and transferred funds between two of his clients' self-managed superannuation funds (SMSFs) to three separate companies of which he was the sole director. The companies included: Thrive ...

Calastone reports sharp managed fund flow declines in 2022

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
According to Calastone's Fund Flow Index, Australian investors significantly reduced their investments in managed funds in 2022. The index showed a sharp decline in inflows across all asset classes, with the biggest drop coming from fixed income funds. ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... the non-arm's length income (NALI) provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated funds would be amending both to a factor-based approach. If amended, both would ...

HUB24 launches new ESG ratings

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... (RIAA). The new functionality provides advisers with access to "data-driven insights" and reporting metrics for selected managed funds as well as more than 350 Australian-listed securities. HUB24's new ESG ratings are made available through Morningstar's ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... $40.5 billion in June. Its platform saw a 7% increase to $20.9 billion from $19.5 billion last June, while Separately Managed Accounts (SMA) increased by 11% to $9.0 billion from $8.1 billion. "The December quarter of the 2023 financial year has seen ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... said. The TPB has since ordered PwC to have processes and training in place to ensure conflicts of interest are adequately managed. TPB chair Ian Klug said: "We are very concerned when tax practitioners abuse their positions of trust or fail to act with ...

Australian Ethical flows driven by super

ANDREW MCKEAN  |  MONDAY, 23 JAN 2023
... superannuation flows. Super flows accounted for $0.15 billion of Australian Ethical's quarterly net flows. Meanwhile, managed fund flows were $0.01 billion. Australian Ethical said managed flows had been suppressed by cautious market sentiment related ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... Securities Corporation, while Cache Investment Management is the investment manager and administrator. It is set up as a managed investment scheme. The fund uses positive screens to invest in funds that are aligned to Project Drawdown, which identifies ...

QIC appoints strategy, implementation lead

ELIZABETH FRY  |  FRIDAY, 20 JAN 2023
... QIC liquid markets group. "While with LMG, he was directly responsible for one of Australia's largest, externally-managed insurance investment portfolios." The $59.9 billion state investor delivered $3.7 billion in investment returns in 2021-22.

Mason Stevens grows platform, tech teams

JAMIE WILLIAMSON  |  FRIDAY, 20 JAN 2023
... the technology strategy and objectives, leading the infrastructure, development, and technology project teams. Southern managed the NAB WealthTrade while at FNZ Group. Prior she worked for the New South Wales government, first for Venues NSW, then with ...