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Showing 2971 - 2980 of 22782 results for "Funds"

New boutique hires EQT as RE

KARREN VERGARA  |  MONDAY, 31 JUL 2023
Equity Trustees has won another responsible entity mandate this month from a fledgling investment manager whose funds currently focus on Australian equities. Blackwattle Investment Partners, which opened its doors in May, named Equity Trustees to oversee ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... integrate the functionality into its CommBank app. CBA said the service offers fast account set-up and access to stock quotes, funds transfer and online trading in 13 markets including the US, Canada, Japan, and UK. "CommSec's purpose is to empower more ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... all their super invested in growth assets, we know many people value the certainty of a fixed rate of return." While super funds typically invest in term deposits, they're rarely on offer as a standalone investment option and members don't receive guaranteed ...

VFMC chair to retire

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2023
The chair of the Victorian Funds Management Corporation will retire at the end of the month, with an interim replacement appointed. James MacKenzie has served as chair of VFMC since June 2015 but will retire from the board on August 23. During his tenure ...

New product lead at Equip Super

ELIZABETH FRY  |  FRIDAY, 28 JUL 2023
... The addition of the former Mercer heavy hitter with deep roots in superannuation comes amid mounting concerns that super funds aren't doing enough to help their members move into retirement. The prudential regulator and corporate cop last week complained ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... decrease of 23%. About 450 related to financial advice. Investment and advice complaints capture financial advice, managed funds, timeshare, stockbroking, horseracing syndicates, and crypto. "The relatively low number of complaints received by AFCA relating ...

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... Pendal's Fixed Interest strategy respectively which contributed to Group net outflows." Meanwhile, wealth management's total funds under advice (FUA) were $18.5 billion as at June 30. Net inflows were $0.1 billion, with continued contributions from Native ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... Financial Advisers, and TenFifty. This business will represent about $21 billion of Insignia's $24 billion in advice funds under management, with the change to impact about 680 financial advisers. While the new business doesn't have a name or ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... renting. "The key element for Australians is the economic wealth that gets generated out of property," he said. "Are super funds now just creating a generation of tenants and not enabling property in retirement? "The BTR model has got a lot of attraction ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... the life of each development, expected to be 18-24 months. ASIC has also previously alleged that Hopkins misused investor funds, including converting them into crypto assets. ASIC is seeking to have The A Team Property Group wound up, alongside five ...