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Showing 171 - 180 of 1159 results for "Trusts"

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... respondents in the case, are arguing the trustees should be the applicants as they paid the premiums out of superannuation trusts. They also claim the beneficiaries suffered no actionable loss. On June 18, orders made by Justice Beach ordered the applicants ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
... about US$7 billion in assets. This includes 150 products across six Asia Pacific countries, including hedge funds, unit trusts, funds of funds, private equity, managed accounts, venture capital and digital asset funds. Its push into Australia comes as ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... is allocated to this asset class. Cash and term deposits have a 19% allocation of $149.4 billion, followed by unlisted trusts at 13% or $99.2 billion. Non-residential real property is the next most-popular asset class at 11% or $83 billion.

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... representative with the authority to issue information memorandums for unregistered schemes and special purpose vehicle trusts. On top of that, ASIC claims PE Capital made misleading and deceptive statements in product disclosure statements. ASIC wants ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... exponential growth exchange traded products have enjoyed; not every manager will be able to get in on the action, and legacy unit trusts will likely lose out. Rainmaker head of investment research John Dyall, speaking at the Financial Standard Exchange ...

Rice Warner prepares to shut up shop

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... and projections for asset size. Since the early 2000s, Rice Warner had worked for several industry super funds and master trusts. The strategic advice from Rice Warner was credited with assisting both the Australian Retirement Fund and the Superannuation ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... latest research predicts that ETPs will eclipse the unlisted unit trust market in another three to five years. Unlisted unit trusts grew just 1% to $510.1 billion in the last three years and barely grew in asset size in the 12 months to December 2020. ...

EG to expand Asia REIT down under

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Fund manager EG is partnering with one of Asia's largest real estate investment trusts (REITs) to manage its investments and acquisitions in Australia. EG will assist Hong Kong-based Link REIT with asset management services to its Australian tenants ...

Investment bonds a good alternative to Wills: GDG

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... Forum for the year, Salsbury said investment bonds can be good alternatives to Wills, which may be challenged in court and trusts, and can be expensive to establish and run. "Investment bonds are becoming very mainstream in the adviser community," she ...

New finance, operations GM at Australian Unity

KARREN VERGARA  |  THURSDAY, 25 MAR 2021
... accommodation. "Jenny brings invaluable insights and direct experience in capital markets, funds management, real estate trusts, M&A and strategy, and will play a key role in supporting our future growth ambitions," Kerr-Smith said. Saliba said: "I am ...