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Showing 3071 - 3080 of 22782 results for "Funds"

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Aussie small caps, property funds in the red

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... performance as macroeconomic conditions batter returns that ended up well in the red. Rainmaker's Wholesale managed funds April report shows that the property sector returned -10% p.a. on a median basis amid a tightening market. Many wholesale property ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
As June 30 approaches, self-managed superannuation funds (SMSFs) must brace themselves for more regulatory reforms that could impact their hard-earned savings, according to a superannuation expert. HLB Mann Judd superannuation partner Mitchell Markwick ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... as its RE yesterday at a general meeting, with 75.9% rejecting the move. This is despite E&P Investments' three other funds - CD Private Equity Fund I, II, III - voting in favour of replacing E&P Investments with KAM as RE. CD Private Equity Fund ...

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... proposed several changes to the non-arm's length income (NALI) regulations, which are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) Bill 2023 seeks ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... review shocks that prompted the instability. The BoE said large banks, insurers, central counterparties, and a variety of funds including pension funds, hedge funds, and funds managed by asset managers, will be included in the review. "This reflects ...

Government pledges $2bn to fast-track social housing

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... Accelerator investment to expedite the construction of new social housing across Australia. The Social Housing Accelerator funds will be dispensed to State and Territory governments within the next fortnight. It's hoped this will boost the housing supply ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... sectors, notably serving as chief executive of UniSuper. Under his management, the fund grew significantly, doubling its funds under management from $52 billion to over $100 billion. Echoing Lloyd's sentiments, O'Sullivan commented: "It's a time of great ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products to adjust for flag cost considerations. Trustees ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... Nareit Developed ex Australia Rental Index AUD Hedged. "Unlike most global listed infrastructure and global listed property funds, VanEck adopts Taxation of Financial Arrangements (ToFA) currency hedging rules," VanEck said. "The rules enable smooth ...