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Showing 1761 - 1770 of 8107 results for "Total"

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... quarter. Since the last quarter, Insignia reported 34 employed and 45 self-employed advisers had left bringing its current total to 1,600. It explained the drop was partly due to the integration of the MLC Advice and Bridges businesses and said that ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... solutions to legal professionals. He also previously spent close to five years at CareSuper as a senior product manager. In total, he has close to 30 years' experience in superannuation and funds management, including positions with BT, AMP Capital ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Perpetual has reported its total assets under management (AUM) have slumped 8% to $90.4 billion in the June quarter. Perpetual Asset Management Australia's AUM was down 16% to $21.3 billion and net outflows for the quarter were $1.9 billion. The ...

Capital Group trims management fees

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
... New World Fund hedged dropped from 1.18% to 0.85%. Capital Group Global Corporate Bond Fund and the Capital Group Global Total Return Bond Fund had management costs slashed to 0.5% and 0.54% respectively. Also, Capital Group High Income Opportunities ...

Responsible managed funds outdo markets

ANDREW MCKEAN  |  FRIDAY, 22 JUL 2022
... positive on an annual basis despite a fall during the latest quarter and the largest annual inflows on record. Of note, the total responsible funds have not experienced negative quarterly net flows since 2016. Australian investment responsible funds ...

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
... dominated by the older and wealthier. In Australia, the bottom half of the income distribution receives around 13% of the total tax relief for capital gains on the main residence, while the top decile receives 37%, it said. Renters, who tend to have ...

Inalytics develops new data-driven model

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... positions, trading activity and holding periods. By analysing these four drivers and showing how they contribute to the total performance of a portfolio, the model allows asset owners to see precisely where asset managers add or detract value, facilitating ...

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... but 229 in FY22. Overall, superannuation funds received 3765 complaints for the year while life insurers copped 1962. In total, AFCA received 72,358 complaints and just over 71,000 of them were closed. The body's dispute resolution processes saw $207.73 ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... group posted record platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of June 30. The FUA sum comprised of $49.7 billion (up 19.9% from the ...

CFA exam results improve

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
... pass rate of 38% for its Level 1 exam. Of the more than 19,000 candidates worldwide who sat the exam in May this year, a total of 7315 passed. These results are a slight improvement from last year's Level I exams administered in May, July, August, and ...