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Showing 3611 - 3620 of 22782 results for "Funds"

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment Management, Nulis Nominees, OnePath Custodians and Oasis Fund Management. ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... achieving a before-tax surplus of $1.35 million in 2021, the FPA is now in the red. Subsequently, accumulated members' funds decreased to $11.6 million at June 30, compared to $12.8 million the year prior. FPA chief Sarah Abood said: "The last few ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... private equity firm EQT taking over Barings' private equity business earlier this year. Regal Partners was formed when Regal Funds Management acquired VGI Partners in June. Perpetual's share price rose on the back of the news, closing out Wednesday at ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% and 4%. Federal Reserve chair Jerome Powell said the Fed is moving its policy stance purposefully ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Retirement Trust, Australian Catholic and Superannuation Fund, MLC, Telstra Super and Mine Super. Meanwhile, not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus the latter's -8.9%. ...

TCorp appoints real assets head

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... at TCorp. Having worked with TCorp since 2015, Murray previously held roles such as senior portfolio manager, diversified funds, defensive assets and credit, and acting head of portfolio delivery and head of liability management, derivatives and defensive ...

Super education is professional development: ART

STAFF WRITER  |  WEDNESDAY, 2 NOV 2022
... Retirement Trust members. The super fund recently held a roundtable with some of its employers and found many believe super funds should be offering direct support to employers, including providing financial advisers to host education sessions with employees. ...

Super funds, sovereign investors back $1bn VC fund

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... investors, Blackbird said. "In a great circle of life moment, we're proud to welcome some of the founders we backed in earlier funds as investors in this new fund," Blackbird partner said Rick Baker said. "Our mission has been to help catalyze the startup ...

Scientiam, DASH launch easy fund exit service

CASSANDRA BALDINI  |  WEDNESDAY, 2 NOV 2022
... Technology Group to launch a transition service that assists advisers in getting their C and D clients out of underperforming funds. The Scientiam Transition Service, available at no cost until the end of the year, aims to help advice businesses cost-effectively ...

North adds to investment menu

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... managed portfolios have been designed to meet the broad needs of all investors, covering Australian equities, ETFs and managed funds. They aim to grow savings above a clearly defined rate of inflation, using Morningstar's asset allocation, security ...