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Showing 4251 - 4260 of 22787 results for "Funds"

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...

Coterie invests in wealth platform

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Coterie Capital has invested in a wealth management platform that has grown to $10 billion in funds under administration. Coterie allocated an undisclosed stake in Integrated Portfolio Solutions and established a dedicated fund that solely houses the ...

Value strategy drags Clime's performance

KARREN VERGARA  |  MONDAY, 28 FEB 2022
... reported a $282,344 loss in investments, assets which were worth significantly higher at $743,691 one year ago. Clime's growth funds and IMA strategies lagged index returns as the group's focus on quality and value-style investments was trumped by a ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... the significant gap between the retirement savings of men and women. According to numbers from the Association of Super Funds of Australia (ASFA), women retire with an average of 23% less super than men. ASFA economic modelling shows that a large portion ...

ESG funding booms in Australia: Calastone

CHLOE WALKER  |  MONDAY, 28 FEB 2022
ESG funds were major beneficiaries of Australians' cash last year but the nation still lags on a global scale, according to the last Global Fund Flow Index from Calastone. In an analysis covering over half a million buy and sell orders every month from ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
Australia's largest ever merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making ...

SuperConcepts refreshes SuperMate

CHLOE WALKER  |  FRIDAY, 25 FEB 2022
... SuperConcepts chief executive Grant Christensen said SuperMate Classic users will be able to work under a hybrid model, "processing funds in both SuperMate Classic and the new SuperMate, should they wish". According to SuperConcepts, SuperMate users ...

Mirae to launch local ETF suite

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
... Walesby said Mirae will also focus on building the local actively managed fund capabilities, on top of two unlisted mutual funds that are currently on offer, which have plans to list in the near future. "We have other emerging markets and Asian-focused ...

SMSFA welcomes ATO adjustments

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
... Australian Tax Office (ATO) to align its SMSF performance calculations more closely with the methodology used for APRA-regulated funds. In its 2019-20 SMSF statistical overview report, the ATO it advised that, in line with recent recommendations from ...

Charter Hall, PSP Investments acquire Brisbane site

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
... this strategic lease agreement, which builds on our commitment to sustainability and enhances PFA to over $2.4 billion in funds under management," he said. "The leasing deal increases the defensive income profile of PFA, with over 60% of the fund's ...