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Showing 3411 - 3420 of 22782 results for "Funds"

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... accessible to those who can afford it. Those who cannot "will be left with the conflicted advice of the banks and super funds." Among her proposals, and as anticipated, Levy suggested amending the Corporations Act to allow for all financial product advice ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... non-relevant provider. It's the long-debated proposal that's considered the most problematic and will see superannuation funds, insurers and banks gain more advice autonomy if Treasury adopts the recommendation outlined in the Quality of Advice ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
Alphinity Investment Management has listed two funds on the ASX in a bid to reach retail investors. The Alphinity Global Sustainable Equity Fund (XASG) is a diversified portfolio of 25-40 leading global sustainable listed companies that Alphinity deems ...

Franklin Templeton welcomes head of product, strategy

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
... Franklin Templeton investment product strategy, with oversight across the current investment range as well as bringing new funds and capabilities to Australian investors. Franklin Templeton managing director and head of Australia and New Zealand Felicity ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... forecasts a 25-basis point interest rate hike in March, with the potential for another in the future. Meanwhile, Apostle Funds Management portfolio manager Steven Spearing said that while this tightening cycle has nearly run its course, the RBA isn't ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
Australia's $1.6 trillion wholesale funds market has experienced negative growth, contracting 2.6% in annual terms. According to Rainmaker Information's latest Wholesale Advantage report, wholesale funds have had three consecutive quarters of negative ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... Pacific. Making up 10% of the total sample, 47 of these respondents were from Australia, with an average of $53 billion of funds under management per person. Despite uncertainty in the market, over two thirds of respondents said that they expect to either ...

Advisers put on notice: HLB Mann Judd

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... attention from the ATO and other authorities, HLB Mann Judd says. HLB Mann Judd said the ATO has warned those transferring funds into Australia to ensure the appropriate level of tax is paid. "The ATO has made it clear it is aware some people migrating ...

Australian Unity recruits Vanguard veteran

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... Capital Markets, including the formation of a specialised social infrastructure business and centralisation of the platform's funds management business.