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Showing 271 - 280 of 6725 results for "Benchmark"

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... benchmark's 9.07 % p.a. "The above change will not result in any change to the investment approach, objective or benchmark of the Fund. The Fund's current Portfolio Manager (Casey McLean) also remains unchanged," Fidelity told investors. The ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Loomis Sayles Global Aggregate Bond (AUD hedged) composite, which has achieved a net return of 1.06% per annum above its benchmark, the Bloomberg Global Aggregate Index, hedged to AUD, since its inception in 1998. The fund is jointly managed by Loomis ...

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry. Craig Stevens joined Aware Super this week in the role, coming across from Vanguard Australia where ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... of May 16 was $2.24. It invests in a concentrated portfolio of 20-40 companies and seeks to achieve risk-adjusted not benchmark-relative returns. MGF aims to deliver 9% p.a. net of fees over the economic cycle. Top holdings include Amazon, semiconductor ...

Macquarie Asset Management launches low-cost active ETFs

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... shares in a single trade, with a management fee of 0.03% p.a. and a performance fee of 20% of outperformance of the benchmark. The Macquarie Core Global Equity Active ETF (ASX: MQEG) includes around 400-500 systematically selected global shares in a ...

Members' attitude, behaviour key to better engagement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... behavioural insights if they're to improve engagement. The latest CSBA FEAL Superannuation Experience & Engagement Benchmark expanded its coverage to survey super fund members' attitudes and behaviours around retirement. In doing so, it found ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... along with a high degree of capital stability. At the same time, the income paid by these bonds varies in line with benchmark interest rates, offering protection against rising interest rates," Betashares said. Betashares chief executive Alex Vynokur ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... share price by 20% to $1.00. "Product limitations make it difficult for Platinum to attract fund flows. Platinum's benchmark agnostic, contrarian investment style and performance deviate materially from global equity benchmarks, preventing its products ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... billion in funds under management (FUM), as of this month. The Fidelity Australian Opportunities Fund has outperformed its benchmark by 0.73% per annum, with a return since its 2012 inception of 10.35% per annum. It has about $183 million in FUM. Meantime ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... implementation of the strategic asset allocation (SAA) aspect as opposed to the suitability of the SAA itself. It is also benchmark or indices focused. "This leads more funds to focus more on the passive management side and reduces more of that active ...