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Showing 391 - 400 of 1218 results for "Switch"

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
A Melbourne-based investment manager has blasted balanced options in superannuation funds, arguing that despite their "diversification" they fail to perform in market downturns. Many traditionally balanced funds hold anywhere between 60% to 80% exposure ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... health crisis, we have seen an increase in market volatility and a higher than usual number of members making requests to switch their investment options," the fund said in a Significant Event Notice to members. "This has meant the balance of some of ...

Active versus passive: The debate continues

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... managers, but we will see more discrimination in terms of who is truly active." Jain said part of the reason for the apparent switch to a passive investment strategy is that active simply costs too much. "You have these companies that are asset gathering ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... the liquidity to pay pensions in full or, possibly, at all. According to the report, if funds run dry they will likely switch to pay-as-you-go systems, meaning pensioners will be forced to rely on the operating budgets of employers to get their retirement ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
A former Millennium3 adviser whose advice was cited as a case study during the Royal Commission is set to appeal a 10-year ban handed down by ASIC. ASIC has banned Adelaide-based adviser Christopher Norman Harris from providing financial services for ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... The second most popular investment category was Australian shares, with 26% of those who switched moving into equities. "Switch call volumes peaked on March 23 after the S&P/ASX shed 5.6% to 4546, down 36.5% from its peak just over two months ago," CFS ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
Colonial First State has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
The COVID-19 crisis may be the push superannuation funds needed as investment processes make the switch from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian ...