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Showing 411 - 420 of 1558 results for "Round"

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
Rainmaker research has shown the managed funds' sector has acutely underperformed its benchmarks for the 12 months to 30 June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... through secure payment facilities. It's unicorn status was confirmed this year after a successful Series C fundraising round, which reached USD$100 million and sent its value beyond USD$1 billion. Last year the firm underwent a USD$80 million funding ...

Magellan active ETFs retain Zenith ratings

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... Equities Fund (currency hedged) (ASX: MHG) and Magellan Infrastructure Fund (currency hedged) (ASX:MICH). In its recent round of rating reviews finalised last week, Zenith retained the funds' ratings despite increased scrutiny from the corporate ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers. The move has disappointed ...

ETFS Capital backs indexing startup

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
... calculation services and index governance, management and administration. The startup recently closed its series A funding round, which has seen ETFS Capital come on board as a significant investor. "We are delighted to have secured a significant investment ...

Life industry steps toward trust

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
Two industry groups have partnered to create a new life insurance standards framework. The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Life Insurance Professional Standards Working Group (LIPSWG) have come together ...

FASEA exam dates revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
... and Ethics Authority provided an update on the exam all financial advisers must sit. The Authority confirmed the December round of exams will be held from December 5-9 in 19 centres across Australia including regional sittings in Townsville, Rockhampton ...

MLC Wealth finalises leadership, rebrands NAB Asset Management

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2019
... business for more than two decades and has recently been leading investment strategy implementation. The three appointments round out the leadership team at MLC Wealth, which includes Mulcahy; Jonathan Armitage as chief investment officer; and Mandy ...

Australia slips in global retirement ranks

ELIZABETH MCARTHUR  |  MONDAY, 30 SEP 2019
... rankings followed by Switzerland, Norway and Ireland with New Zealand in fifth place. Sweden, Denmark, Canada and Luxembourg round out the top 10. The United Kingdom and United States are ranked 17th and 18th in the world respectively. Retirees in the ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... trustees to address persistent underperformance, or reconsider their continued presence in the industry." Byres said one round of work already undertaken saw the regulator notify a number of funds of APRA's belief they were "potentially" generating poor ...