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Showing 311 - 320 of 1059 results for "Mutual"

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
More than US$775 billion ($1.3 trillion) in assets were wiped out of mutual fund strategies in the US during February, representing a single-month decline of nearly 5%, according to Cerulli. The research found ETF assets also plunged in February, declining ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
... New Zealand. Harmos has served on the AMP Limited board since 2017, as well as the boards of AMP Life and The National Mutual Life Association of Australiasia since mid-2013. He currently serves as a director at Scentre Group, and Harmos Horton Lusk ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... its planned purchases for the year to over €1T. Fed unveiled another facility to boost liquidity, aimed at money-market mutual funds. " Also announced new swap lines with more central banks to help ease strains of dollar funding. BOE announced an emergency ...

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
... have been Milliman Mgd Risk Australian Shr-Class A (-12.82%), BetaShares Managed Risk AUS Shr ETF (-15.86%), Investors Mutual Concentrated Australian Share (-17.56%) and AB Managed Volatility Equities (-18.68%). "This is pleasing given these strategies ...

Bridges acquires bank advice business

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
... offered a compelling proposition for clients. "Bridges provides financial planning services to approximately 60% of the mutual banking industry and understands and respects the principles of customer-owned banking, and its values and commitment to providing ...

Spitfire loses top executives

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Spitfire has lost both its chief executive and chief product officer within months of them joining the platform provider. Former chief executive John Shuttleworth left the business in December last year after being appointed to the top role only two ...

Climate threat pushes Aussies to sustainability

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
Mutual fund assets in sustainable investments surged 23% in 2019, as Aussie investors wake up to the "critical threat" of climate change. Singapore based research and consulting firm Cerulli Associates found that the sector recorded $1.2 billion in ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ...

Most complained about super funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
... to the fund itself, the data reveals. Rainmaker's analysis found that while half of the complaints were resolved by mutual agreement, of the complaints that were contested super funds were much more successful at refuting complaints than members ...

OneVue takes control of Madison

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... network and broader financial services community. "Our community has welcomed great businesses, carefully selected based on mutual values, beliefs and aspirations when it comes to providing advice to Australians. Our focus is on contributing with courage ...