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Showing 2091 - 2100 of 28255 results for "NOT"

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... domain have more than made up for their lag in performance prior to mid-2020. The numbers are quite favourable for active funds not only for shorter periods but also through the trailing 10 years," Morningstar manager research senior analyst Zunjar Sanzgiri ...

TWC launches Global Wealth Creators Fund

MATTHEW WAI  |  MONDAY, 18 NOV 2024
TWC Investment Management has launched the Select Global Wealth Creators Fund (SGWC), offering access to high-quality companies to wholesale and institutional investors. The actively managed fund aims to deliver annual returns of 3-4% above the MSCI ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... for hardship support from the bank. ASIC alleges that between 2018 and 2023, NAB and its subsidiary AFSH Nominees (AFSH) did not respond to 345 hardship applications within the 21-day timeframe required by law. "We allege NAB unlawfully failed to respond ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... 2018 Financial Services Royal Commission, which led to the exit of major banks from providing advice. The industry is simply not equipped to meet the growing need for affordable, accessible advice," Curran said. "The research released today validates ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
The government is again consulting on its plans to increase disclosure requirements in relation to ownership of listed entities. Treasury has commenced a second consultation relating to its plans to implement a public beneficial ownership register ...

Morningstar names director, manager research

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
Morningstar Australasia has appointed a TCorp investment leader to spearhead its qualitative research on Australian and New Zealand fund managers. Eva Cook has joined the firm as director, manager research. Originally from France, Cook has over 25 years ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
AustralianSuper has the right strategic recipe and leadership to continue delivering for members, but there are some areas to keep an eye on, Morningstar says. Releasing its review of the nation's largest superannuation fund, Morningstar said the fund's ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... "However, there was a reasonable basis for the statements ASX made about the project's progress on 10 February 2022 and we do not accept the allegation that we breached the law." Lofthouse said the ASX provided regular updates on the project, including ...

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... take specific actions-like making voluntary contributions and seeking advice - that can lead to genuine financial readiness, not just a sense of preparedness," Guiamatsia said. "Taking action positively correlates with a greater feeling of preparedness." ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... indicated that it is prepared to negotiate and sign a binding implementation deed in an expedited manner. The Axi proposal is not subject to due diligence or any financing conditions," the SelfWealth board told shareholders. "SelfWealth shareholders ...