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| | | ... 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 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... $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 ... |
| | | | ... 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 ... |
| | | | ... 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, 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 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 ... |
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