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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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. |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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. ... |
| | | | ... 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 ... |
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