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

Search Results

Showing 11 - 20 of 100+ results for "Class"

New RE mandate for Equity Trustees

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
Equity Trustees has been appointed as a responsible entity for a wealth manager launching a new offering in Australia. Haven Wealth Partners has appointed Equity Trustees as it launches its first fund in Australia. The Haven Wealth Partners Ethical ...

ETFs hit $125bn milestone

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
... inflows. During the month, Magellan, ETF Securities and Van Eck each launched a new fund. Overall, Magellan's Global Fund Open Class ($14.7bn) was the largest in terms of market capitalisation, followed by Vanguard's Australian Shares ETF ($9.5bn) and ...

MSCI reclassifies Pakistan to frontier market

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The index provider will reclassify Pakistan from emerging to frontier, on the back of size and liquidity. MSCI will implement the change in a single step in November, alongside its semi-annual index review (SAIR). "Although the Pakistani equity market ...

Channel Capital hires from Dimensional

KANIKA SOOD  |  TUESDAY, 7 SEP 2021
The Sydney multi-boutique has appointed a Victoria-based institutional distribution director, hiring from Dimensional Fund Advisors. Henry Lyons joins its Melbourne office will be responsible for building Channel's strategic relationships with institutional ...

IFM Investors sets 2030 emissions target

ELIZABETH MCARTHUR  |  TUESDAY, 7 SEP 2021
... the path to net zero by 2050. IFM Investors has set its interim emissions reduction target for the infrastructure asset class at 1.16 million metric tons of CO2e, a 40% reduction on 2019 levels. IFM also announced it would restrict investments in any ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
The draft legislation on superannuation portfolio holdings disclosure is not in the best financial interests of members and only stands to serve rival fund managers to whom the reforms don't apply, according to AustralianSuper. In its submission to ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... Queensland (17.2%), Western Australia (9.4%), South Australia (6.8%), Tasmania (1.3%), ACT (1.7%) and NT (0.2%). The recent Class Annual Benchmark Report: SMSF Resilience in a time of constant change revealed that 5.5% more SMSFs are invested in ETFs ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... returning 28% and 27.4% respectively based on sector medians. Property returned a median 21.6% making it the third-best asset class. Australia's top performing MySuper strategy were Hostplus (21.8% p.a.), GESB (21% p.a.), REI Super (20.9% p.a.), AvSuper ...

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... themselves to its MySuper product. A spokesperson said the decision stems from "declining member demand" for the single-asset class option, which has made it increasingly unsustainable. "The number of members investing in the property option has declined ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
Occupational exclusions in group insurance are under the microscope as the federal government reviews their fairness and appropriateness. Senator Jane Hume has opened consultations for the review until October 14, aiming to find solutions to problems ...