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Showing 341 - 350 of 4334 results for "SLI"

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
With a $430 million funding boost, Colonial First State hopes to capture a bigger slice of the financial adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally ...

GQG Partners launches income strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
GQG Partners launched a new strategy, securing a $125 million mandate from a large Australian institution. The GQG Global Quality Dividend Income strategy seeks to invest in dividend-paying companies with attractively priced future growth prospects ...

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
A $2 billion industry fund has reduced its insurance premiums by more than 17%. REI Super informed members premium rates will decrease by 17.5% for income protection and 3.3% for death and total and permanent disability (TPD) insurance. "We continuously ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
The world's largest asset owners grew by almost 16% last year, but Australia's largest superannuation fund has slipped in the rankings. The latest research from Willis Towers Watson's Thinking Ahead Institute shows the world's largest 100 asset owners ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
Risk premium inflows experienced slight increases in the 12 months to June 2021, new research shows. The latest data from Plan For Life shows inflows jumped 5.1% to $16.9 billion. NobleOak led the growth with 70.8%, followed by AIA (18.9%), ClearView ...

Super funds up offshore investments: Survey

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
Based on their currency hedging strategies, superannuation funds increasingly look offshore not only to invest in equities but also to gain more exposure to unlisted assets. According to NAB's 2021 Superannuation FX survey of 54 super funds, allocations ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
The Finance Brokers Association of Australia (FBAA) has issued a dire warning, claiming Australian borrowers could not afford to pay 1% more on their mortgages or rent. The FBAA commissioned a survey, conducted by research firm McCrindle, to assess ...

GQG Partners celebrates IPO

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
Fund manager GQG Partners has listed on the ASX in an oversubscribed initial public offering and with an implied value of nearly $6 billion. GQG's IPO offer price was $2 a share and its share price fell slightly after listing to $1.95. The fund manager's ...