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Showing 1821 - 1830 of 5520 results for "Class"

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
BlackRock's total assets grew by 17% last year to US$8.7 trillion, after each asset class, investment style and region reported positive net flows. Full year net inflows stood at $391 billion, of which about 32% came in the three months ending December. ...

Magellan continues fund restructure

ANNABELLE DICKSON  |  MONDAY, 18 JAN 2021
... partnership offer is eligible to unitholders in the open and closed funds of Magellan Global Fund to subscribe for $1 of closed class units for $4 of units held. Applicants will also receive an additional 7.5% of closed class units and one option for ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
An uneven recovery in equity markets and diminishing returns from fixed income mean investors will need to carefully rebalance their equities and bonds mix in 2021, according to First Sentier Investors. In its 2021 outlook, the multi-asset solutions ...

Ignition Advice expands team

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... added: "We are pleased to welcome Robert Coulter to Ignition's growing global team. Ignition continues to attract world class digital advice experts. We look forward to maintaining this momentum with strong staff recruitment throughout 2021." Ignition ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... data. "AMP made the decision that they weren't economically viable," Macdonald said. AMP Financial Planning advisers filed a class action against the institution in July 2020 over its revaluing of Buyer of Last Resort agreements.

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
After four years of offering its MySuper option as a lifecycle product, Tasplan plans to switch back to single strategy citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super ...

MySuper performance recovers, hits record high

KARREN VERGARA  |  MONDAY, 11 JAN 2021
Default superannuation funds have fully recovered from COVID-induced losses, yet underperformance within the asset classes remains rife, according to new Rainmaker data. Rainmaker's November 2020 MySuper index has reached a record high, bouncing ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Slater and Gordon have filed a class action against ANZ and its former subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched ...

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... 2020 Superannuation Benchmarking Report found that across several major asset classes, super funds struggle to match asset class indexes. Rainmaker executive director of research and compliance Alex Dunnin said that while super funds are not entirely ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... retirement and will further diversify our distribution channels," Howes said. "Term deposits represent a significant asset class for Australian retirees and entering the market provides an opportunity to play a greater role supporting the retirement ...