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

Search Results

Showing 3461 - 3470 of 22782 results for "Funds"

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... directly impacting the industry. KPMG listed market volatility, higher inflation and interest rates as the top issue for super funds. Superannuation advisory partners Melinda Howes, Lisa Butler Beatty and Linda Elkins said with global recession looking ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... claimants. The Woodford Equity Income Fund collapsed in 2019 due to liquidity issues and left over $6 billion of investor funds frozen; Link Fund Solutions was the trustee of the fund. The legal issues faced by Link have seen Dye and Durham dump plans ...

ASIC commissioner to join Vanguard

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... three infringement notices related to the PDS's issued for the Vanguard International Shares Select Exclusions Index Funds.

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... sector dropped by a total of US$1 trillion, according to Global SWF. Similarly, the Global SWF report says public pension funds (PPFs) reduced assets by US$1.3 trillion, with the following worsening of funding ratios. However, despite the loss, the data ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... performing personal super options. Meanwhile, the worst performing personal super options were predominantly from retail funds. Zurich SP - Zurich Managed Growth EF (0.6% p.a.), SSMPPS - Smartsave Balanced (1.5% p.a.) and FirstChoice WPS - FirstChoice ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... over the US," Pilger commented. Speaking on the integration of financial advice in Australia's super system, Mitchem said funds are advocating for restrictive regulations around advice to be relaxed. "Today, super funds are saying that restrictive regulations ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... Prior to her role in global research, Padilla served on the portfolio team for one of the firm's U.S. open-end core funds and was based in New York. "Sandy has a breadth and depth of experience harnessing extensive data and market insights to help ...

Dexus Fund Management bolsters board

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Dexus has welcomed Paula Dwyer and Rhoda Phillippo to its funds management board as independent non-executive directors, effective 1 February 2023. Dwyer has been a chair and a non-executive director for over 20 years. Her executive career was previously ...

Bennelong picks new global chief executive

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Bennelong Funds Management has named John Burke as its new global chief executive. He will take over from Craig Bingham who has led the business for the past eight years. Burke will join in the first half of 2023 from Fidante Partners where he held ...