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Showing 4111 - 4120 of 22787 results for "Funds"

Challenger expects to reach full-year profit guidance

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
Despite a dip in funds under management (FUM), Challenger expects to be toward the upper end of its full-year profit guidance range. Challenger reported its FUM as being $100 billion, down 8% for the quarter. The company said this fall reflected the ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
One of the world's largest pension funds has indicated it will vote Warren Buffett out as chair of Berkshire Hathaway at the company's annual general meeting later this month. Despite his notoriety as the world's best investor, the California ...

Bennelong bolsters distribution team

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Bennelong Funds Management has appointed a new account director to cover New South Wales and the Australian Capital Territory. The firm named Mai Platts as account director, NSW and ACT, as it continues to expand its investment distribution team. Platts ...

Spirit Super pays tribute to Doug Fry

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
... $1.5 billion from $1.1 million and its membership, to 104,000 from 12,000. After merging with MTAA Super last year, the two funds rebranded as Spirit Super. "Hundreds of thousands of Tasmanians have directly benefited from the fund Doug helped establish," ...

New research backs diversified SMSF portfolios

CHLOE WALKER  |  THURSDAY, 21 APR 2022
New research conducted by the SMSF Association and the University of Adelaide confirms self-managed super funds (SMSFs) that have diversified investment portfolios outperform those that do not. The research, based on financial statement data from over ...

'No easy answer' to ESG disclosures by super fund trustees

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... superannuation companies' concerted advertising campaigns about their sustainability credentials have increased public demand for funds to endorse responsible ESG investment principles. On super fund trustees' ESG disclosures, the report asserted: "In ...

BT Panorama sees SMSF growth

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... Caddick is continuing to pursue a stake of the wealth Caddick dishonestly amassed - despite ASIC attempting to claw back funds for victims. Anthony Koletti has been married to Caddick since 2013. He is now staking a claim on the pool of marital assets ...

Increased demand drives ESG expert salaries

JAMIE WILLIAMSON  |  WEDNESDAY, 20 APR 2022
As demand for ESG expertise within super funds continues to grow, latest insights show investment professionals that fit the bill could command up to $300,000 per annum. According to Kaizen Recruitment's 2022 salary guide for those in the ESG space ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... active strategy where other disruptors based their offering on low-cost, passive solutions. As other 'millennial' funds failed to gain ground and ultimately closed, like Zuper and GigSuper, GROW Super appeared to be withstanding the test of time. ...