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Showing 3321 - 3330 of 20552 results for "BEN"

Swell AM launches retail trust

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
Swell Asset Management, a high conviction global equities boutique, has launched a retail trust. The Swell Global Fund replicates the group's existing absolute return strategy, which recently surpassed $100 million in funds under management. In the ...

NZ Super Fund delivers 30%

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
The New Zealand Super Fund continues to outperform Australian MySuper funds, posting its a best-ever return of 29.6%. The 2020-21 financial year saw the fund reach new heights of NZD$59.8 billion, an increase of NZD$15 billion year on year. It also ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
Infrastructure boutique Whitehelm Capital has been acquired by PATRIZIA, with Challenger's Fidante set to get $50 million for its 30% stake in Whitehelm. PATRIZIA has entered a share purchase plan to acquire the entire issued share capital of Whitehelm. ...

Criminal charges in property investor collapse

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
The collapse of a property investment group, Members Alliance and Benchmark, has resulted in 72 criminal charges. Last week, Richard Marlborough, Colin MacVicar, David Domingo, Liam Young and John Ramsden appeared in the Brisbane Magistrates Court charged ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
The Reserve Bank of Australia (RBA) is concerned but not alarmed at the growing cases of Delta variant infections that's wreaking havoc on the lives and livelihood in Australia's two biggest states - New South Wales (NSW) and Victoria (VIC). ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
EISS Super chief executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer ...

Strong year for farmland assets

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
Australian farmlands posted 15.07% in returns for the year ending June 2021, as commodity prices and seasonal conditions held strong, according to ANREV. This included 5.33% income contribution and a 9.36% appreciation. The data is compiled by Asian ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
The prudential regulator is cracking down further on the superannuation funds that failed the performance test, chair Wayne Byres warned this morning. Last week, APRA named 13 super funds that failed its inaugural performance test. The House of Representatives ...

Legislation introduced to create Queensland mega fund

JAMIE WILLIAMSON  |  THURSDAY, 9 SEP 2021
The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was tabled in Queensland's parliament last week which, if passed, would pave the way for Sunsuper and QSuper's merger. On September 1, Queensland treasurer and minister for investment ...