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Showing 1461 - 1470 of 7153 results for "SMA"

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
The $225 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house. Appearing at a Standing Committee on Economics hearing ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday. Several super funds and IFM Investors will face the inquiry on Monday, with the government saying it ...

Ord Minnett names head of equities

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
A former Goldman Sachs executive will join Ord Minnett as head of equities in December. Angus Esslemont was an executive director at Goldman Sachs, leading the emerging company sales unit for nearly four years. Prior to that, he worked in small cap ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
In a win for financial advisers, the Design and Distribution Obligations (DDO) regime will scrap the nil-reporting rule. In the Updated amendments to the design and distribution obligations document released by Treasury, advisers will no longer be required ...

Older investors, women flock to crypto

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
Young males no longer make up the majority of cryptocurrency investors, with older Australians and women investing large amounts, according to BTC Markets. BTC Markets' Investor Report FY20-21 showed almost one in four crypto investors are over the ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... a focus on dealer groups setting up managed accounts and big IFA firms running their own investment philosophy through an SMA," he said. Morris said a third cohort of advisers has emerged that are not looking to set up their own managed accounts but ...

NZ Super Fund delivers 30%

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
The New Zealand Super Fund continues to outperform Australian MySuper funds, posting its a best-ever return of 29.6%. The 2020-21 financial year saw the fund reach new heights of NZD$59.8 billion, an increase of NZD$15 billion year on year. It also ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
The Australian Tax Office announced it will not pursue businesses that took advantage of JobKeeper despite raking in large profits, nor will it ask small businesses to repay $180 million claimed in error. The ATO revealed that over one million businesses ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
Pinnacle Investment Management Group is acquiring 100% of a third-party distributor working with boutique fund managers. Winston Capital Partners gives Pinnacle on-the-ground representation for the first time in Western Australia, the firm said. Upon ...