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WAM Capital profit triples

MARK SMITH  |  TUESDAY, 2 FEB 2016
... term has been achieved with an average cash weighting of 34.0% since inception," Thorley said. The investment portfolio's top performing stocks for the period were Smartgroup Corporation, The A2 Milk Company, Blackmores, IPH and SG Fleet Group.

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... consequence is a stuff-up." CPSA has been contacted by "many" defined benefit pensioners who also didn't have the funds to top up their defined benefit super but "paid modest contributions at personal sacrifice at the time in the belief that when the ...

Support to recycle Queensland assets

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... government's 15% incentive payment under the National Partnership Agreement on Asset Recycling - gaining an extra $1 billion on top of the $7 billon from the sale." Behrens added Western Australia was also in the process of privatising the Perth Market ...

Australia carbon reporting quality on the rise

ALEX BURKE  |  MONDAY, 1 FEB 2016
... Responsibility Reporting Survey 2015 identified the rate of carbon reporting across 4,500 companies worldwide, including the top 100 companies by revenue (N100) in 45 countries. Overall the research found that the rate of reporting is steadily increasing ...

Retail super portfolios dodge disclosure: ISA

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
... has been provided by other organisations at recent meetings with regulators that the draft regulation could also include the top 10 investment options for platforms, "AIST strongly believes that full inclusion is required to ensure comparability and ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
... surveyed there is no clear correlation between growth asset allocation and performance ranking within each lifestage. In fact the top performing product for the lifestage cohort 30 to 39 years had a below average allocation to growth assets. Though it ...

TCorp lands Hunter Hall chief

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... Berejiklian said it was important to attract the best talent for government organisations of TCorp's size. It is one Australia's top ten fund managers with more than $70 billion in funds under management for NSW public sector clients. "As an experienced ...

VFMC lands new chief executive

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
... executive officer from February after announcing its replacement for acting chief executive Justin Pascoe. Joining VFMC as its top executive will be Lisa Gray, who previously spent 12 years with National Australia Bank (NAB) and was most recently group ...

BGL joins DomaCom in fight for Kidman

MARK SMITH  |  THURSDAY, 21 JAN 2016
... also behind the bid. SelfWealth allows BGL Corporate Solutions' SMSF clients to compare their fund's performance against the top 200 funds, meaning they can compare their fund against their peers and professional fund managers. "Coming in to the Kidman ...

ETFs saw record growth in 2015

ALEX BURKE  |  WEDNESDAY, 20 JAN 2016
... billion in ETFs came from new money. Contrast this with managed funds, which only saw 6.6% of growth from net inflows. The top inflow performers in 2015 were iShares, Vanguard, State Street and BetaShares, representing 85% of the sector's growth. Globally ...