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Showing 1981 - 1990 of 22782 results for "Funds"

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... for superannuation and non-superannuation IFA business are successfully competing against established players," he said. Funds under administration on Fiducian labelled platforms stood at $3.55 billion. "Our focus remains on the establishment of a business ...

Global X names head of portfolio management

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... parent company of Global X - chief global officer Young Kim welcomed Wolak to the firm. "Chris' deep understanding of funds management and exceptional track record reflects Global X Australia's commitment to our team, clients, and partners," ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
Although fundraising for APAC private debt funds has faced challenges in recent years, Preqin says the market is "ripe with opportunities." Fund managers that overcome challenges related to investor perception and risk management can succeed in the ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent and delivering better outcomes to members. "You are a driving force in the increasing privatisation ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... calculates the performance of the superannuation fund rather than the performance of an individual member's account. Super funds, instead, should undertake an assessment that measures individual account performance to see if member outcomes are indeed ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super funds including Guild Super and Verve, are supporting the campaign, which is spearheaded by fintech trading platform, SIX. SIX ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... grow, rather than diminish. "It appears this is a policy fudge to accommodate technical limitations in large APRA-regulated funds, when the overwhelming majority of these high balances are in SMSFs that could easily calculate their actual earnings and ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
... for the individuals and families we serve," Cesario concludes. JANA Wealth currently has over 15 clients and $14 billion funds under advice and management.

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... demonstrating "character, honesty, integrity, diligence, and judgement." The additional conditions imposed on the two industry funds, which manage the retirement savings of nearly one million Australians, will also have independent expert scrutinise ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... duration, more valuation annuity sales that in turn is supporting higher margins and return on equity. Meanwhile, Challenger's funds under management (FUM) in its Funds Management division grew 19% to $117 billion. However, EBIT for the division declined ...