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Showing 271 - 280 of 1614 results for "Majority of"

Older investors, women flock to crypto

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
Young males no longer make up the majority of cryptocurrency investors, with older Australians and women investing large amounts, according to BTC Markets. BTC Markets' Investor Report FY20-21 showed almost one in four crypto investors are over the ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... group-driven while 45% is institutional. "If you went back four years ago to when I first started at Praemium, the majority of the new models were dealer group-led rather than institutional fund managers looking to come in or new asset consultants building ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... required to transfer the member's superannuation contributions into a MySuper product." CFS hasn't remediated the majority of the affected members yet. "CFSIL apologises unreservedly to members impacted by these issues. Remediation of the [70] ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... ESG issues. Despite a growing number of super funds claiming to incorporate ESG into their investment processes, the majority of super funds are still failing to support ESG proposals," he said. Eight funds supported more than 50% of ESG proposals in ...

AMP Capital divests majority stake in train company

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... shareholder once the transaction closes this month. Angel Trains has a diversified fleet of about 4300 vehicles, the majority of which are electric multiple units. During AMP Capital, PSP Investments and Amber's ownership over the last 13 years, the ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... Member contributions into SMSFs were recorded at $12.6 billion while employer contributions were $5.4 billion. The majority of SMSFs are based in New South Wales (33.5%), followed by Victoria (30.0%), Queensland (17.2%), Western Australia (9.4%), South ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... were offset by new clients, the firm said. Its total global clients now stand at 380, an increase of 350 from FY20. Majority of the $65.6 million revenue (92%) was fee income from contracted clients. The remaining was split across interest income on ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... environment created by the pandemic." Over a 10-year period it returned 10.1% p.a. against its target of 6.1% p.a. The majority of the fund's assets is allocated to equities - domestic (8.5%) and global (18.2%). Its next largest holdings are in private ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... fund, APRA will use the product with the same trustee and/or product design [such as investment strategy], and with majority of the members. It also warned funds to not sneak in returns from other super products into MySuper returns while combining returns ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... local talent pool. The contract market has been challenging, as typically we would rely on offshore candidates to fill majority of these positions."