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Showing 3661 - 3670 of 22782 results for "Funds"

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... Chant West general manager Ian Fryer explained there's been several unintended consequences of the proposed test and many funds have been forced to adopt a shorter-term focus to ensure they pass. "This has often been accompanied by less portfolio diversification ...

ETF industry drops in value

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... billion of net flows for the month. Given the significant falls in global share markets, Betashares said the best performing funds were all leveraged short equities products, including BBUS and BBOZ returning 23% and 15%. Despite the overall drop in ...

Australian Unity gives funds management business a makeover

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
Australian Unity's wealth and capital markets funds management activities have been unified to form Australian Unity Funds Management. Collectively responsible for more than $15 billion in funds under management, the dedicated business will comprise ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... an investment in education across the community and industry at large. Superannuation fund trustees have published their funds' retirement strategies which is a step in the right direction. We now need to educate and empower Australians to play a proactive ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Stockspot's Fat Cat Funds Report has named and shamed the worst performing superannuation funds in Australia, all of which are retail offerings. OnePath was named the overall worst performer, followed by Colonial First State, AMP, and ClearView. ...

Cultiv8, Fidante launch agriculture, food tech fund

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Cultiv8 Funds Management (Cultiv8) and Fidante have joined forces to launch a fund that identifies and invests in early-stage agricultural and food technology companies. The Cultiv8 Agriculture and Food Technology Fund aims to focus on capital growth ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A survey of superannuation fund members found overall satisfaction has declined and more are considering changing funds. The latest CSBA FEAL Superannuation CX benchmarking report surveyed close to 5500 members from 20 super funds and found that customer ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
The current chair of AMP Capital Funds Management is joining the board of IFM Investors. Ming Long has been appointed as an independent director, growing the board's private markets expertise. Her appointment is effective November 1 and will see the ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. Earlier this year, APRA released ...