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Showing 361 - 370 of 4349 results for "SLI"

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 ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
The quality of Australia's superannuation system made marginal improvements and scored highly for its integrity and sustainability, according to a global study. The Mercer CFA Institute Global Pension Index this year graded Australia a B+, slightly ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a ...

IOOF restructures technology division

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
Following the completion of the acquisition of MLC, IOOF shifted the responsibilities of technology which has led to the departure of its chief information officer. Sharam Hekmat held the position for nearly five years and was responsible for managing ...

Magellan cops $4bn drop

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
Magellan Financial Group recorded net outflows in its retail and institutional funds under management last quarter, bringing it back to June figures. The global equities strategy saw a $4 billion drop in FUM to $84 billion while infrastructure equities ...