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

Search Results

Showing 3221 - 3230 of 22782 results for "Funds"

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... income of $0.7 billion. Perpetual said these mainly came from one intermediary client. The wealth management business' total funds under advice now sit at $18.4 billion, up 3% on December. In Q3 it saw net inflows of $0.1 billion. Meanwhile, the corporate ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
Morningstar has downgraded four fixed income products following its annual fund manager review. As part of the 2022/23 review, Morningstar completed qualitative assessments of 72 fixed income strategies. As a result, four products were downgraded and ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... efficient fixed income markets. This acquisition would provide Yieldbroker's domestic client network, including superannuation funds, with access to Tradeweb's global multi-asset platform, deep liquidity and advanced technology," Tradeweb said. "Conversely ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... start-ups that relied on Silicon Valley Bank struggled to secure funding from traditional sources, like venture capital funds. Consequently, these start-ups tapped into their cash deposits, causing a drain on the bank's resources, ultimately leading ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... between 2015 and 2018 when he was director of advice practice Refocus Financial Group. During that time, Gordon withdrew funds from clients' SMSF accounts without their consent, and also from accounts held with Diverse Capital Management that were home ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... $453 million. The platform outflows were partially offset by strong inflows into the Workplace channel. Elsewhere, overall funds under management and administration increase by $6.2 billion to $291.3 billion. Asset management saw net inflows of $1.1 ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... Superannuation (Mine Super), Avanteos Investments (Colonial First State FirstChoice Super), AvSuper, Nulis Nominees (MLC Super), BT Funds Management (Retirement Wrap), EISS Super, Perpetual (WealthFocus Superannuation Fund) and REI Super. But it was ...

Link to offer Allianz Retire+ solution to super funds

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... the late accumulation phase and within account-based pensions. The Pathfinder retirement platform aims to provide super funds and their members with a total picture of wealth supporting the retirement planning, income, and advice experience. Link Group ...

Eildon rebuffs takeover bid

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... Eildon, with $282 million invested in real estate and credit strategies, said the offer ignores the intrinsic value of the funds management platform. Eildon expects its assets under management will rise to $362 million once its investment in Harpley ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... SMSFs comprising nearly 546,000 unique performance observations. According to the report, in years where APRA-regulated funds outperform, removing funds with balances under $200,000 and which have 80% or more of their assets invested in cash, accounts ...