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Showing 1631 - 1640 of 15856 results for "Now"

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... maintaining the appropriate level of risk and diversification for our default investment options, supporting retirement outcomes now and in the future," Wang said. Mercer Super's results announcement comes days after Industry Moves reported that the ...

Young, bullish online investors drive trading: Survey

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... Report finds that Zoomers (18- to 24-year-olds) and Millennials (25- to 39-year-olds) are dominating trading platforms. Zoomers now comprise 31% of participants surveyed in the first half of 2024, while Millennials make up 41%. Compared to five years ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... marketing, distribution, and administration services, as well as fund operation compliance functions. However, Merlon will now take on certain services such as corporate compliance support. "There is no change to how the funds are managed, to the investment ...

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... sector, asset class or product issuer," Regnat said. SSGA launched its ETF model portfolio capability in Australia in 2019. It now ranks among the top 20 most used investment managers by advisers who currently use managed accounts.

Betashares launches new currency hedged ETF

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... particularly pertinent given that the top five stocks in the S&P 500 account for over 28% of the index by market capitalisation. Now the ETF provider, which has over $39 billion in assets under management, has today launched the S&P 500 Equal Weight ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and fund administration services from its new custodian, J.P. Morgan. J.P. Morgan, which is the largest ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... does not affect any other investments that an investor may hold with the Aware Investment Funds or Aware Super." Aware Super now has seven funds available, including the Capital Stable Fund, Moderate Fund, Balanced Fund, Growth Fund, Cash Fund, Australian ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
... of renewable energy, energy efficiency, storage and more. In November last year, it received $1 billion from Rest. It has now received additional funding from TelstraSuper, which said the investment aligns to its strategy of having 1% of its total assets ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... funds increasing ownership of passive funds. Notably, the major banks' weighted average price to fair value ration estimate is now 1.19 versus 1.14 last quarter. Meanwhile, non-major banks trade at 0.97, squeezed by "intense competition," Zaia said. ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... cap from $850,000 to $300,000. As a result of these fee reductions, Vanguard Super's default MySuper lifecycle product is now one of the cheapest products of its kind for Australians across a range of ages and balances. Vanguard said that the fees for ...