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Showing 241 - 250 of 721 results for "Class A"

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
BlackRock's total assets grew by 17% last year to US$8.7 trillion, after each asset class, investment style and region reported positive net flows. Full year net inflows stood at $391 billion, of which about 32% came in the three months ending December. ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
The number of financial advisers licensed by AMP dropped dramatically in 2020, with the institution no longer the largest AFSL in the country by number of advisers. The largest AFSL is now the SMSF Adviser Network which had 839 advisers as at 31 December ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Slater and Gordon have filed a class action against ANZ and its former subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
AMP has announced a key appointment in the transformation of its financial advice business. Jill Hopkins has been appointed advice program transformation manager. "Jill has extensive knowledge of the financial advice industry and is playing a key role ...

S&P DJI ventures into crypto indices

KARREN VERGARA  |  MONDAY, 7 DEC 2020
S&P Dow Jones Indices is launching blockchain and cryptocurrency index capabilities in collaboration with Lukka, which was previously known as Libra. The index provider has partnered with New York City-based crypto asset software and data firm Lukka ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

AMP Capital drops fees on listed property fund

KANIKA SOOD  |  FRIDAY, 27 NOV 2020
AMP Capital has dropped the management fee its $126 million Listed Property Trusts Fund by 18 bps. The fund, which invests in REITs and stocks of real estate related sectors, is dropping from 0.97% per year in management fees to 0.79% per year. The ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
New research from Morningstar has attempted to wade through the greenwashing in funds management based on managers' overall commitment - with some surprising results. The research looked at more than 100 strategies and 40 asset managers to provide ...

Morningstar adds ESG to analysis

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
The research house has commenced integration of environmental, social and governance (ESG) factors into its analysis of funds, asset managers and individual stocks, calling out subpar approaches to ESG. As a part of Morningstar's ESG Commitment Level ...