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Showing 1611 - 1620 of 8109 results for "Total"

Super funds complete mergers

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Superannuation and Retirement Fund. About 13,000 Mercy Super members and their assets have moved to HESTA, bringing its total funds under management to almost $70 billion. HESTA chief executive Debby Blakey said the merger marked an important milestone ...

Talaria hires head of sales

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
... Lance will be a huge asset to the Talaria team," he said. He added that Talaria's Global Equity Fund has performed with a total return of 11.80% during the last 12 months to October, more than 16% outperformance over the MSCI World ex Aust benchmark. ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... November. In October, ASIC took its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...

North adds new managed portfolio capability

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... PMPs, including 72 added this year. North is also set to launch four new managed portfolios with Elston. It explained a total of 34 managed portfolios with eight different investment managers have been added to North's buy menu in 2022, bringing ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... independent firm of external consultants. As previously reported by Financial Standard, according to Equity Trustees, the total amount of fees and costs shown in members' annual statements were wrong. Crescent Wealth's disclosed indirect cost ...

HNWs recalibrate investment goals: Report

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
... that HNWs expect to pass down close to $2 trillion worth of assets to the next generation, equating to around 70% of their total assets. Financial advisers are the main port of call for inter-generational planning discussions, the most pertinent areas ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
ASIC named and shamed more responsible entities in need of improving their oversight of investment managers' marketing practices, raising concerns over five funds totalling about $705 million in assets. Ongoing ASIC surveillance identified concerns ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... the top 100 asset owners by size, according to Willis Towers Watson's Thinking Ahead Institute. According to new research, total assets held by the globe's 100 largest owners is up 9% since the end of 2021 to US$26 trillion. Of this, US$14.1 trillion ...

Super funds supercharge semiconductor business

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
... in a $30 million topping up of Sydney-based semiconductor developer Morse Micro's series B funding round. This brings the total raised by Morse Micro's series B round to $170 million. The investments demonstrate the commitment of Australia's super funds ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... provided to members since July 2017. Equity Trustees said the indirect cost ratio disclosed were incorrect and too low. The total amount of fees and costs shown in members' annual statements were also wrong. Crescent Wealth's disclosed indirect ...