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Showing 1391 - 1400 of 5253 results for "SCA"

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
abrdn is terminating five funds as part of the consolidation of the local business, key to which is its recent partnership with SG Hiscock. The fund manager has confirmed it will terminate a raft of funds on or around March 15, including some of its ...

BlackRock cuts fees on iShares ETFs

CHLOE WALKER  |  MONDAY, 20 FEB 2023
BlackRock Australia is reducing fees on two of its iShares ETFs, the iShares Core S&P / ASX200 ETF (IOZ) to 0.05% or five basis points (bps) and iShares Core Composite Bond ETF (IAF) to 0.10% or 10bps. This is a reduction of 44% and 33%, respectively. ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
HESTA has welcomed its one-millionth member and reaffirmed its commitment to growth through its three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

Koda Capital welcomes chief client officer

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Koda Capital has appointed Cassandra Hinze to the new role. Hinze commenced the role on Monday and is based in Sydney, she will report directly to Koda chief executive Paul Heath. Going forward she will work alongside Koda's Investment Strategy ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
Consumer bodies have criticised the Quality of Advice Review's final report, saying the proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran ...

Franklin Templeton welcomes head of product, strategy

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
Benjamin Abell will join Franklin Templeton's Australian leadership team as its new head of product and strategy. Abell brings over 15 years of experience to the firm, having most recently served as executive director of superannuation and strategy ...

APAC REITs see robust growth

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
In the last five years, Asia Pacific alternative REITs have seen meaningful expansion, growing by almost 115% in terms of their index weight, according to a joint report by Asia Pacific Real Assets Association (APREA) and CentreSquare Investment Management. ...