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Showing 171 - 180 of 1731 results for "Minimum"

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
Following consultation, APRA has lowered the minimum operational risk financial requirement (ORFR) target amounts for larger superannuation funds. At present, all superannuation funds are expected to keep a minimum of 0.25% of funds under management ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... strengthen punishment, penalty surcharges will be imposed up to the amount of short orders as well as criminal penalties of a minimum one year of imprisonment or a fine of more than three times and up to five times the avoided loss amount," the FSC said. ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... 3.25% above the rate of inflation or 3.75% above the rate of inflation on for retirement income stream accounts. It has a minimum investment timeframe of 10 years for members who "are prepared to accept a high amount of volatility in pursuit of high ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... noting that many practices face restrictions when setting up their own separately managed accounts (SMAs), often due to minimum requirements. For instance, a practice with $200 million in FUM may find that they can only offer a limited range of models ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... long positions and short positions in Australian shares, using quantitative and fundamental strategies. It requires a minimum spend of $25,000 for retail investors. "David has been my mentor for many years. We worked out the best transition for myself ...

European private equity strategy launches down under

KARREN VERGARA  |  THURSDAY, 10 OCT 2024
... HFPCF, an open-ended fund targeting wholesale investors, aims to provide investors returns of 15-17% p.a. It requires a minimum investment amount of €100,000. Some of the companies in its portfolio include FE fundinfo, CUBE Global, Caseware, and Ideagen. ...

Hamilton Lane adds SCOPE to product lineup

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... structured as an evergreen vehicle, which allows for monthly subscriptions and offers regular liquidity with a lower investment minimum relative to traditional closed-end structures, Hamilton Lane said. As an all-weather fund, SCOPE seeks to generate ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... cash rate and offers liquidity daily, unlike term deposits. It charges a management fee of 0.50% per annum and requires a minimum investment of $5000. "The targeted result of this strategy is a diversified portfolio of investment-grade rated credit securities ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... Aliwa Alpha Fund, which focuses on the micro-cap sector of the ASX. The fund has about $23.9 million in FUM and requires a minimum investment of $50,000. Aliwa was previously known as Altor Capital. Should Powerhouse shareholders approve the acquisition ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... to make contributions to the fund could only transfer part of their balance, and that they were required to maintain a minimum balance of $5000 in their account. The Court found that Rest's representations about rollover requests for Determination ...