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Showing 1751 - 1760 of 8109 results for "Total"

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... excluded. At at 30 June 2021, the funds included had more than 16.5 million members and over $1.5 trillion in assets. In total, ASIC's first stage of surveillance covered 49,029 complaints received between October 2021 and February 2022. The regulator ...

AMP North bolsters managed portfolio offering

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... portfolio. Meanwhile, four dynamic ETF options have been added to Zenith's existing portfolio range. The new additions bring the total number of managed portfolios on the North platform to 79, the range includes direct equities portfolios, offered by ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... funds under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. Magellan said it experienced net outflows of $2.5 billion ...

Growthpoint takes on Fortius Funds Management

CHLOE WALKER  |  WEDNESDAY, 3 AUG 2022
... growth opportunity for Growthpoint, it said, adding nearly $2 billion third party funds under management and bringing its total assets under management to $7.2 billion. It will also add to Growthpoint's enhanced sector and product capabilities, including ...

Financial product registrations up 30%

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... lower than previous years and very concentrated on super investment options, Donohoe said. During the 2021/22 period, of the total terminated financial products, 78.8% belonged to super investment options. As previously reported by Financial Standard ...

4D Infrastructure launches currency hedged fund

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
... its inception in 2016. "We'll continue to manage both funds in line with our proven strategy, aiming to deliver attractive total returns over the long term," she said.

Sovereign wealth fund awards $700m mandate

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... "driving increased volatility and hesitancy by traditional funding sources to deploy capital". The mandate brings Qualitas' total committed funds under management to $5 billion and increases the proportion of its FUM held on behalf of institutional ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
... announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. A total of 345 Westpac Life employees will also migrate over to the insurer. Westpac expects to report a total after tax loss on ...

Portfolio holdings disclosure rules "feeblest on the planet": Report

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
... investments, with funds not forced to disclose the values and weightings of individual assets. They also only have to provide the total value and weighting of the asset class. For unlisted equity, just the name of the fund manager is needed. "Currently ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... KPMG explained: "The growth of superannuation funds will have a significant impact on the retirement income landscape, as total pension payments expected to increase to $100 billion by 2040, compared to $30 billion in FY21." "This system growth requires ...