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Showing 2481 - 2490 of 5260 results for "SCA"

WA Super awards $20mn mandate

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
Western Australia's only not-for-profit public offer superannuation fund will pour millions of member savings into local investment opportunities designed to make positive social and environmental impacts on the state. WA Super has partnered with ...

AustralianSuper checks out robo advisers

KANIKA SOOD  |  MONDAY, 21 OCT 2019
The $170 billion super fund is looking at robo advisers as a potential solution for providing financial advice to its members but says it's early days. "We are looking at it but we haven't got any plans for any imminent introduction," AustralianSuper ...

$26 billion super joint venture eyes more funds

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A joint venture between two superannuation funds with a combined $26 billion and 150,000 members has today taken off, with the chief executive hinting more funds could become involved. Equipsuper and Catholic Super's joint venture is officially ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Australia's sovereign wealth fund returned a stellar 11.5% in the year to June, but how much did it spend on fees? In its annual report published this week, the Future Fund reported it had a "direct ratio cost" of 0.203% and "look-through costs" ...

IFM pushes into large scale private equity

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
IFM Investors has announced it will make a concerted push into larger scale private equity investments with the appointment of Jeremy Larkin to head the initiative. Larkin spent 25 years in corporate finance at Deutsche Bank and J.P. Morgan, also working ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

Count Financial bolsters team as part of transition

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Count Financial has bolstered its leadership team as part of its acquisition by CountPlus. The Commonwealth Bank sold Count Financial to CountPlus for $2.5 million, finalizing the sale at the end of August. John Corcoran has now stepped into the position ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

Elders in discussions over future

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
Elders Financial Planning general manager Tony Beavan said that while the dealer group currently in a consultation period "no decision has been made yet." "Recent changes to the financial planning industry mean that it has become increasingly difficult ...

AMP Capital cuts retail fees on Aussie equities fund

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
AMP Capital has almost halved the fees for the retail investors in its $680 million AMP Capital Equity Fund, bringing them at par with wholesale fees. The AMP Capital Equity Fund will charge 26 bps instead of 46 bps per annum in management fees. "AMP ...