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Showing 1 - 10 of 100+ results for "SEC"

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer. Essential Super Employer - Lifestage 1980-84 returned 26.5% in the year ending June, according to Rainmaker's performance tables ...

EQT partners with ETF specialist

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Equity Trustees has partnered with an exchange-traded fund manager to launch a global equity strategy. Eight Bays Investment Management has helped launch the EQT Eight Bays Global Fund, which invests in ETFs listed in global stock exchanges aiming to ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition. This morning, the House of Representatives Standing Committee on Economics announced the launch ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
The Delta variant outbreak continues to dominate headlines in Australia. Cases of infections in the states of Victoria and South Australia were brought under control and restrictions eased. However, the outbreak in Greater Sydney continued to worsened ...

Milford adds to team

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
The $13 billion Trans-Tasman boutique had added two to its Australian distribution team, hiring from Macquarie and Bennelong Funds Management. Matt Bills has joined as Milford Asset Management as the regional manager for Victoria, South Australia and ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
A Shine Lawyers class action against IFM portfolio company Tandem made it harder for the subcontracting firm to win business in the lead up to its administration, according to IFM Investors chief executive David Neal. Neal was quizzed about the firm's ...

T. Rowe Price names chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
T. Rowe Price's group chief investment officer will succeed its outgoing chief executive Bill Stromberg at the end of the year. Rob Sharps is currently president, head of investments and a member of the firm's management committee in addition to his ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. The life insurer has set up AIA Financial Wellbeing, led by Pina ...

Pandemic hasn't killed retail: Airlie

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
Despite doomsayers predictions, COVID-19 has not killed off the big Australian high street names in retail - actually, it may have benefited them. Airlie Funds Management portfolio manager and head of research Emma Fisher told Financial Standard that ...
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