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

Search Results

Showing 1451 - 1460 of 6251 results for "December 17"

BetaShares tinkers with ETF lineup

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
The issuer with highest number of products is closing five ETFs, and raising fees for its diversified ETFs as it adds an ethical focus. BetaShares currently offers 58 exchange-traded funds via the ASX. On December 8, it will trim this lineup by five ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
BT Index Funds will be ceasing ongoing adviser fees (OAFs) and introducing a new feature to facilitate one-off advice fees. BT said from 1 December 2020 it will introduce a new feature that will allow investors and their financial advisers to agree ...

WA Super provides merger update

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
WA Super has updated members on its planned merger with Aware Super, confirming its solutions will transfer on December 3. Members of WA Super have been notified their membership with Aware Super will commence from December 4, with their accounts to ...

Retail super offerings in successor fund transfer

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
The successor fund transfer of another OneVue-administered retail super offering and all its sub-plans is set to commence later this month. Following on from its decision to transfer LESF Super to Smartsave earlier this year, OneVue's Diversa is pushing ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The chair of Commonwealth Bank's Colonial First State Investments and Avanteos Investments will retire at the end of year. Anne Ward will finish up her eight-year term as non-executive director and chair at the end of December 2020. The group is ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Superannuation funds are starting to appoint external mandates again after a COVID-19-induced lull, says Pinnacle's managing director Ian Macoun. Pinnacle Investment Management raked in $1.7 billion of net inflows from institutional clients in the three ...

Westpac extends chief executive's contract

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
The board of Westpac has amended chief executive Peter King's employment contract, removing the initial two-year term. King confirmed he has committed to a multi-year plan to turn the company around. His other contract terms remain unchanged. Chair ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Evans and Partners is seeking the nod from shareholders to convert its LITs to open-ended funds and to switch to Perpetual as responsible entity. The largest of these is the $279 million Evans & Partners Global Disruption Fund (EGD), followed by the ...