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Showing 371 - 380 of 3744 results for "Select"

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Every APRA-regulated super fund uses external investment managers; these are the most popular ones in traditional public asset classes, according to a Morningstar report. For Australian equities, the top managers by funds under management are IFM Investors ...

The University of Sydney Endowment Fund taps new custodian

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
The University of Sydney Endowment Fund has appointed a new provider to manage its custody and fund administration services. The University of Sydney, Australia's oldest university, has operated its endowment fund since 1997. The Endowment Fund, which ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... institutional clients; the Global Opportunistic Income Fund, which targets an annual return of 7% net of fees; the Global Select Wealth Creators equity strategy, which has returned 37.9% since its launch in May 2023, outperforming its benchmark by 11.68% ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... placement of similar system that already exists -exchange settlement account balances (ESA). ESAs, which are only available to select financial institution, can also benefit from the development of a wholesale CBDC. "This could allow for greater functionality ...

HAFF receives first round commitments

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Housing Australia and the Community Housing Industry Association (CHIA) have announced commitments to the Housing Australia Future Fund (HAFF) under the first funding round. Housing Australia has selected an initial pipeline of 185 projects to potentially ...

Lazard AM brings Japanese equities fund to Australia

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
Lazard Asset Management has launched a Japanese equities fund to local investors. The Lazard Japanese Strategic Equity Fund invests in "undervalued" opportunities in Japanese equities, and aims to achieve a total return that exceeds that of the Tokyo ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ...

Passive funds save $14.4bn in fees: Research

KARREN VERGARA  |  MONDAY, 9 SEP 2024
The passive funds sector has saved investors $14.4 billion in fees for more than 25 years, according to a Vanguard analysis. While costs overall have decreased since 1998, Vanguard found the difference in management fees between active and index funds ...

Challenger goes for growth with State Street

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
Challenger has selected State Street to provide administration and custody services, saying the partnership will support several new global business initiatives. The decision will see some Artega Investment Administration staff transition to the custody ...