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Showing 2541 - 2550 of 22782 results for "Funds"

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... chief executive Michele Levine said the improvement in recent months has been driven by impressive increases for industry funds, up 1.4% to 68.2%, and self-managed super funds (SMSFs), up 1.4% to 75.8%. In recent months, various industry funds have performed ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
Generational Development Group (GDG) has reported a 24% increase in funds under management (FUM) from the previous year, reaching nearly $3 billion as of December 2023. In an ASX announcement, GDG also reported FUM growth of $232 million between September ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... Financial Standard, Piper, who joined Australian Ethical from Christian Super following the merger between the two super funds in December 2022, said scaling the business enabled "meaningful investment" in back-office processes, important to maintaining ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... have an adviser also want this. The report also found the demand for financial advice grows if it can be paid for using funds already in super. When asked if they would be interested in using funds already invested in their super to pay for a retirement ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... convictions," Mullaly said. Impacted customers have been remediated. ME Bank, which had been owned by a group of industry super funds since 1994, became a subsidiary of Bank of Queensland (BOQ) in 2021.

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... associated entities Penta Asset Management and SEQ Asset Management were authorised representatives of AFS Licensee Avalon Funds Management between 1 September 2022 and 19 April 2023. Avalon Funds Management is not the subject of the investigation, ASIC ...

Ethical ETF assets surge in 2023: Analysis

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024
Funds under management for ethical, responsible and sustainability-themed ETFs surged by more than 24% during 2023, amid a strong year for ETFs broadly. Betashares' latest Australian ETF Review calculates the local ETF industry at a total industry ...

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... clients and putting in place programs that are mutually rewarding. Also of particular interest are the opportunities for super funds to engage and support older membership cohorts as they transition to retirement," he said. For his part, Der Stepanian ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in funds under appointment in acquiring the division of the Certane Group, which provides retail custody, and trustee and agency services ...

Legalsuper investment strategy lead departs

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... equity, directly managing large and small-cap portfolios. Her career also involved investing in start-up venture capital funds, investment consulting, and managing multi-asset portfolios. She is a board member and secretary of the CFA Society of Melbourne ...