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Showing 2221 - 2230 of 19405 results for "One"

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... outlined an indicative four-stage wind-down process spanning an estimated 16 months. The first stage, projected to last between one to three months, would limit the expansion of the mFund service. In the second stage, which could take up to one year ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... he said. With no plans to leave the industry, after 14 years as head of abrdn, he is looking for a different type of job - one where he garners a portfolio of super fund, asset manager and wealth platform clients who are looking for advisory expertise ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by solid corporate profits and a ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ...

Global X launches commodities ETF

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
... protective benefits to a portfolio as inflation continues to prove persistent." Hannon added BCOM packages all commodities into one fund while capturing the performance of the entire commodities asset class for investors. "Doing so can help reduce both ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
The recent surge in equities should see MySuper products return an average of about 9% for FY23, according to Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns ...

Count takes stake in Melbourne firm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... and rebranded to Count Adelaide. "We are pleased to see the Count brand expand across the country, cementing our position as one of Australia's leading integrated accounting and wealth services providers," Humphrey said.

Warakirri buys almond farm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... Victoria. In a $30 million off market deal, the fund's sixth investment is in the Sunraysia region on the Murray River and is one of the most land and water efficient large-scale almond orchards in the country, spanning over 350 planted hectares. Its ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... flip side, asset servicing providers, like custodians, can easily introduce price hikes to asset owners. As a result, about one in three asset managers have experienced rising fund servicing costs since 2020. Some 35% of investors saw their total expense ...