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Showing 271 - 280 of 2125 results for "Financial Year"

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent outcome against ...

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
The real estate industry super fund's MySuper option returned 9.34% last financial year. The results come as it launches a new growth investment option. REI Super chief executive Jarrod Coysh described the fund's performance for the year as a great ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... skills to administer a fund with a membership profile like Qantas Super," Fraser said. He also noted that the last financial year has been the biggest year of transitions for ART, with four successor fund transfers (SFTs) and corporate transitions totalling ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... report. Separately, Spirit Super reported that its balanced MySuper investment option returned 8.8% in the last financial year, while its growth option achieved 10.73%, and its sustainable option returned 9.35%. Over a 10-year period, its balanced option ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... received. ResMed chief executive Mick Farrell topped the list with a realised pay of $47.58 million in the 2023 financial year. He was followed by News Corp chief executive Robert Thomson, who took home $41.53 million. Notably, both executives lead companies ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... clients' assets are worth $17.2 billion. The fund manager earned $19 million in performance fees for the last financial year. Recent ETF data shows that one of Magellan's ETFs experienced large redemptions.

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Platinum Asset Management ended the 2024 financial year with $13 billion in funds under management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... have benefitted from bringing forward deductions such as by making personal deductible contributions by the end of financial year for greater tax effectiveness." Perri added that as the retirement system beings to reach maturity it is paramount that ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... exceptional value to our customers," it said. Its managed funds, the Voyager series, also achieved strong returns for the financial year. The Spaceship Universe Portfolio returned 26.27% for FY24, while the Spaceship Earth Portfolio returned 20.89% ...