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Showing 2101 - 2110 of 8109 results for "Total"

ETF use grows in SMSFs

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
... COVID-19. Nearly 80% of SMSFs had $20,000 in cash available and those with lower cash levels still had an average $668,000 in total net assets of which 47% was in relatively liquid assets. Personal non-concessional contributions per SMSF rose to around ...

Transition to renewables trumps divestment

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... bringing integration and engagement-based approaches, as well as screening and thinking across asset classes across the total portfolio view," she said. Investors still think about the price, but they have a longer-term trajectory and a shorter-term ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... advice and accounting group is acquiring a 49% shareholding in an accounting firm based in Victoria. CountPlus will pay a total of $2.8 million for Southern Cross Business Holdings (SCBA) made up of an initial payment of $2.2 million which CountPlus ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... Association Australia (RIAA). RIAA has released its annual Responsible Investment Benchmark Report, which shows that the total pool of responsible investments has soared to $1.2 trillion, from $983 billion in 2019. "Leading practice responsible investment ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... appointed global executive search firm Egon Zehnder to conduct a global search for a replacement for Frawley. QIC's total assets at June end were $93 billion.

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... strategies that are open to new members as these are most comparable to MySuper products and represent a large proportion of total assets in the choice sector, according to the AIST governance team. Financial Standard is the official media partner of ...

Communicate risk, defensiveness differently: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... start thinking about member communication in terms of return expectations from defensive assets, as she is of the view that total portfolio returns will be restrained soon. Taylor explained Cbus' exposure to defensive assets has traditionally mostly ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... administration. It is currently $60 per year. This will result in $50 of savings for members a year, and about $8 million in total forgone revenue for CFS, the firm estimates. The latest fee cut comes as the CFS FirstChoice Superannuation Trust is named ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... team manages $29 billion in investor assets and sits within MLC Asset Management. In all, Antares managed $33.4 billion in total at June end. Bulk of this ($27.9 billion) was in fixed income while about $5.5 billion was in Australian equities. It is ...