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Showing 4051 - 4060 of 22787 results for "Funds"

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz Global Investors and three ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... super system needs to be strengthened and protected, not undermined." Of a similar view, the Association of Superannuation Funds of Australia (ASFA) said that lifting the SG to 12% is critical. The association said that the SG is a cornerstone of the ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... buy a home." Despite the government's enthusiasm for the housing affordability scheme, the Association of Superannuation Funds of Australia (ASFA) said such a policy would be ineffective in improving housing affordability and would significantly impact ...

Copia, Mutual Limited sign distribution agreement

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... Under the agreement, Copia will distribute Mutual Limited's Mutual Cash, Mutual Income, Mutual Credit and Mutual High Yield funds. Copia chief executive Sam Baillieu was enthusiastic about the partnership with Mutual. Baillieu said: "In the current rising ...

AXA IM adds to ESG fund suite

RACHEL ALEMBAKIS  |  MONDAY, 16 MAY 2022
AXA Investment Managers has brought two new responsible investment funds to the Australian market. The AXA IM Global Green Bond Fund and the AXA IM Clean Economy Equity Fund are designed to offer wholesale investors access to sustainable portfolios. ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
A former financial adviser who was permanently banned in 2016 for using close to $2 million in client funds for his own use has now been charged with 17 offences related to the alleged fraudulent transfer of shares to himself. Ashley Howard of Hobart ...

ACSRF, UniSuper confirm merger

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... Superannuation and Retirement Fund and UniSuper have signed a Heads of Agreement to formally merge. In December the two funds announced they were undertaking due diligence on a potential merger. Today, the funds have said that process determined it was ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... their boards have the full range of skills, knowledge and experience needed for the effective and prudent operation of their funds," APRA executive director of superannuation Suzanne Smith said. "The promotion of strong and effective governance is fundamental ...

Top Aussie equities funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... best performing Australian equities products in the three years to March end. The latest performance tables for managed funds shows Bennelong's Emerging Companies Fund topped the rankings for small cap equities funds in the three years to March 31, while ...

Northern Trust adds to local leadership

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
... roles, including as general manager of the division, head of corporate actions and head of registry services and managed funds.