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Showing 201 - 210 of 721 results for "Class A"

ETF use grows in SMSFs

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
The take-up of exchange traded funds (ETFS) in self-managed superannuation funds (SMSFs) is on a steady rise, almost matching the proportion invested in managed funds. The latest Class Annual Benchmark Report: SMSF Resilience in a time of constant change ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Superannuation funds that dismiss crypto assets are at risk of underperforming, the AIST ASI Conference has heard. This is according to Genesis Block managing director Chloe White, who spoke at an Australian Institute of Superannuation Trustees 2021 ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

Evergreen launches RI index

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
Evergreen Consultants established a responsible investment index based on a grading system that focuses on an investment manager's intent and actions rather than solely on portfolio metrics. The Evergreen Responsible Investment Grading Index (ERIG Index) ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
In its full-year results, Class announced its acquisition of legal documentation software provider, Topdocs but also recorded a significant drop in its net profit. Class is set to pay $13 million for the complete acquisition of the Topdocs platform ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
The government yesterday passed changes to Corporations Act that loosens disclosure requirements for companies, while also introducing legislation to make virtual AGMs permanent. Under the amendment, companies and directors will be liable for continuous ...

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 ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ...

Good year for active managers in fixed income

KANIKA SOOD  |  FRIDAY, 16 JUL 2021
... (44) did not see a rating change. The six highly recommended funds were: Legg Mason Western Asset Australian Bond Trust Class A, Macquarie Australian Fixed Interest Trust, PIMCO's Australian Bond Fund (Class A) and Australia Bond Fund (wholesale class) ...