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Showing 11 - 20 of 36 results for "Rainmaker estimates"

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... and retail funds (41%). Over the past decade, super funds' rate of ownership has increased by 9.4% p.a. Rainmaker estimates that super funds hold more than 20% of the banking sector. Including SMSFs, this figure jumps to one third. The top 10 most ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... their equities portfolios. Together, not-for-profit and retail super funds own about 22% of Australia's banks, Rainmaker estimates. "Australia's super funds owning one fifth of the banks means superannuation, banking and the housing sector, which constitutes ...

ANU to recalibrate divestment policy

ALEX DUNNIN  |  FRIDAY, 27 APR 2018
... offsetting this, its global equities portfolio which comprises 27% of the fund outperformed in 2017 by solid5.2%. Rainmaker estimates these combined results gave the overall equities portfolio a net $8 million boost due to the ESG strategy. Low relative ...

NAB sells down stake in $350bn asset consultant

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... Mulcahy said. As at 30 June 2017, JANA recorded funds under advice of more than $350 billion. From its research Rainmaker estimates JANA sources about $280 billion from not-for-profit funds and about 80% is from industry superannuation funds.

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... of the administration fees of a SMSF are set per fund, not per member, there are cost savings to be made. Rainmaker estimates that for a single member with a balance of $500,000 the average total expense ratio (TER) is 0.82%, while for an individual ...

Zurich buys Macquarie Life

MARK SMITH  |  FRIDAY, 4 MAR 2016
... go from $370 million to roughly $610 million, effectively increasing the size of the life business by 65%. Rainmaker estimates around $100 million in capital could be released by Macquarie Life depending on the structure of the deal, based on APRA data. ...

Financial services among top taxpayers

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
... paying businesses, making up a significant proportion of the country's $40 billion company tax bill in 2014. Rainmaker estimates financial services firms including banks, insurers and asset managers listed in Australia's top 100 tax paying businesses ...

More must be done to cut fees: FSC

MARK SMITH  |  THURSDAY, 1 OCT 2015
... regulation and innovation in technology have already had an impact, lowering fees by 40% over the last five years. Rainmaker estimates that average market-wide super fees could fall below the 1% threshold within the next decade, even without further ...

Super fees almost halved in five years

MARK SMITH  |  MONDAY, 28 SEP 2015
... total expense ratio (TER) has fallen from around 1.9% in the 2008/2009 financial year to just 1.16% today. Rainmaker estimates that at this rate, market-wide TERs could fall below 1% within a decade, making Australia one of the lowest cost wealth management ...

Low cost retail jumps 82pct

STAFF WRITER  |  MONDAY, 13 OCT 2014
While Rainmaker estimates the low cost retail segment to amount to less than $10 billion, the segment is inline for rapid growth underpinned by the MySuper transition and impact of FOFA. Rainmaker has just released its June 2014 Advantage report containing ...