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Showing 1551 - 1560 of 22782 results for "Funds"

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
The top 10 Australian share funds of 2024 have been revealed, with the reigning champion retaining its crown for a second straight year, according to a Mercer investment survey. The Hyperion Australian Growth Fund claimed the top spot, delivering a ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... global and US value indices over the quarter, as well as net outflows," he said. "Corporate Trust delivered solid growth in funds under administration (FUA) totalling 2.5%, supported by growth across the majority of products in wealth management, the ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for three different super funds and had expressed concerns. The ATO referred the matter to ASIC in June on the basis that Islam "failed to carry out or perform ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... financial advice more accessible and affordable, and strengthening consumer protections. The Association of Superannuation Funds of Australia (ASFA) acknowledged Jones' contributions, describing him as "a dedicated advocate for the superannuation ...

HNW advisers flock to private markets

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... private market investment, with high-net-worth individuals increasingly embracing evergreen structures. "These innovative funds, accessible via PDS and on wrap platforms, offer a perpetual investment horizon that aligns with long-term goals and provides ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... members are vulnerable to scams and fraud, members who have reached preservation age face fewer frictions in accessing their funds and tend to have higher account balances. These factors can make them attractive targets," Constant said. ASIC's review ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... (DBFO) reforms. "Not knowing enough about super can lead to poor decisions, like leaving accounts inactive or withdrawing funds without proper planning," she said. "Making simple information and advice available to more Australians is a big missing piece ...

K2 appoints chief executive, wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
... the $242 million mandate on behalf of an existing wealth manager. The mandate is divided across four balanced and growth funds, invested across externally managed funds in a range of asset classes. George Boubouras, the managing director of research ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... Traditional active managers should expect a rougher path ahead as they face growing challenges from industry superannuation funds, as well as the continued strong flows into exchange-traded funds (ETF), a new report found. According to Morningstar's ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... Colonial First State (CFS) superannuation account in what court documents described as a "sophisticated fraud." He used the funds to pay off personal debts and expenses. "It's a serious and sophisticated fraud, involving a substantial amount of money ...