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Showing 1691 - 1700 of 3456 results for "Scale"

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... with WA Super. "To ensure that we deliver our members the best possible returns at the lowest cost, we believe size and scale matter," Stewart said. "The two organisations share a real cultural and value alignment and an absolute commitment to putting ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... high-net-worth-focused advisors," Brayman said. "When it comes to finding a large, strategic fintech partner that can help us scale our solutions in the marketplace and enhance the value to our users globally, Morningstar is the perfect fit." The firm's ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... membership of Sunsuper, and this work is now being undertaken in detail. The potential capability of a merged fund to deliver scale benefits to all members into the future means we are obliged to test the possibilities and then act in the interests of ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
A $6.5 billion industry superannuation fund is closing its unlisted infrastructure investment option due to lack of scale. Following a review of its offering, Media Super recently notified members it is closing its unlisted infrastructure option on ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... challenge ourselves to deliver better outcomes for clients and members," Mota said. "The recent increase in our size and scale through the Pensions and Investments acquisition has improved our ability to invest in and deliver market leading solutions ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
... strategies that consistently outperform peers and indices across multiple asset classes," Morningstar said. "Harnessing the scale of a manager this size can be challenging, but Fidelity has proven to be a reliable choice for Australian investors in 2019." ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
Embattled wealth manager Evans Dixon has revealed it fired 20% of its staff, as it reports its underlying earnings were down 22% for the half-year to $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business ...

Ethical super fund cuts fees

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
An ethical superannuation fund is set to cut its administration fee by 12 basis points as it looks to pass on scale benefits. Australian Ethical will drop the percentage-based administration fee it charges to members from 0.41% to 0.29% p.a. in April. ...

New ETF for ASX All Tech Index

KANIKA SOOD  |  TUESDAY, 25 FEB 2020
... where BetaShares's A200 is the cheapest broad-based Aussie equities product. "As the ETF continues expanding and builds scale, there will always been an opportunity to look at the overall cost," Vynokur said. BetaShares has ETFs tracking the NASDAQ ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... for each equivalent share, which is about US$58 per share. Morgan Stanley said the deal will significantly increase the scale and breadth of its wealth management franchise, and position itself to be an industry leader in wealth management across all ...