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Showing 1731 - 1740 of 16290 results for "Product"

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products. The State Street International Equities Index Trust lost a whopping ...

Northern Trust Asset Management hires head of global ETFs, funds

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... Trust Asset Management (NTAM) will welcome David Abner as head of global ETFs and funds. Reporting to NTAM global head of product Paula Kar, Abner will be responsible for NTAM's mutual fund and ETF product strategy, research and development, product ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... announced today that the CHESS replacement project has entered the delivery phase. This follows a decision to proceed with a product-based solution developed by global technology firm Tata Consultancy Services. ASX chief information officer Tim Whiteley ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... change super funds. Super fund members are then charged a massive advice fee and plonked into a poorer performing super product. This predatory practice needs to end." The SMC's comments also follow a recent review by ASIC that found many superannuation ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation ...

BlackRock launches new government bond ETF

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... with a management fee of 0.15%. BlackRock said the launch is in line with the firm's commitment to expand its iShares product suite, offering Australian advisers and investors additional low-cost fixed income products. The new ETF is designed to provide ...

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Queensland Investment Corporation (QIC) lent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor. QIC Private Debt made the transaction via PEP's Fund VII. PEP flagged late ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... can elect to reinvest the income for compounding returns. Pengana managing executive of TermPlus Dean Weinbren said the product would help unlock the world of global private credit to deliver highly attractive target rates. "TermPlus caters to an extensive ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... the employee share plan management sector is a logical next step for Prime. It provides us with a highly complementary product suite that adds to our existing Business Advisory offering and provides significant cross-sell opportunities across our combined ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs bucket based on their product features and how they operate and interact with the requirements of the definition in SIS Regulations 1994 Regulation 9AB.2. ...