Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2661 - 2670 of 21895 results for "Fund."

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ...

APAC looks to data-driven future: State Street

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
Over 80% of institutions globally expect sizeable opportunities to emerge from enhanced data management and usage, according to State Street's latest report. The State Street Data Opportunity Study, conducted in the third quarter of the year, analysed ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
Greg Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
Treasury has released long-awaited draft legislation to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today ...

Dimensional launches inaugural ETFs

KARREN VERGARA  |  MONDAY, 13 NOV 2023
Dimensional Fund Advisors has, for the first time, forayed into the local exchange-traded funds (ETFs) market, launching three actively managed core equity strategies. The three products, which began trading today, are offered in a dual-access structure ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
HESTA has come under fire, with ASIC issuing three infringement notices against the fund for purportedly publishing false or misleading performance figures about one of its investment options. The industry fund subsequently incurred a $48,600 fine for ...

Australian Ethical backs infrastructure debt funds

RACHEL ALEMBAKIS  |  FRIDAY, 10 NOV 2023
Australian Ethical has allocated more than $100 million to two infrastructure debt funds that provide finance to renewable energy and social infrastructure projects. Australian Ethical has backed the Infradebt Ethical Fund and the Infradebt Energy Transition ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Prime Value Asset Management is launching its second fund that invests in retirement villages targeting sophisticated investors in mid-November. The Prime Value Retirement Living Fund 2 will invest in four properties based in Victoria that have about ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...