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Showing 4551 - 4560 of 22787 results for "Funds"

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... the sustainable fund market continues to be strong, but the Australian market remains quite concentrated, as the top 20 funds account for 56% of total assets in the sustainable fund universe. Kennaway found that 52% of sustainable investments now have ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... business district. The transaction has been valued at $538.2 million. Link REIT's investment manager in Australia is EG Funds and the sale was negotiated by CBRE on behalf of Singapore sovereign investor GIC. The deal, struck on a core capitalisation ...

New Bitcoin fund promises tax efficiency

ELIZABETH MCARTHUR  |  FRIDAY, 5 NOV 2021
... exchanges," Gardiner said. "Vault solves both those problems by investing in well-established North American-based bitcoin funds via a retail vehicle regulated under NZ financial markets legislation that can also extend to the Australian regulatory environment." ...

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... should be considered as part of a broadly diversified portfolio," Vynokur said. BetaShares will launch two other crypto funds on the back of launching CRYP. A Bitcoin (1BTC) and an Ethereum (1ETH) exchange-traded fund will soon be made available. Corporate ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... net profit after tax to $164.7 million in the year ending September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds under management grew 14% to $107.9 ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... lost benefits and other significant consequences, including the risks, arising from his recommendation to switch client funds from existing financial products into the fund, ASIC said. In 2019, the Federal Court also ordered the registered scheme operated ...

Longwave hires portfolio manager from IFM

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... Pinnacle reported a 108% increase in net profit after tax to $67 million at the end of June 2021. Its affiliates' total funds under management stood at $89.4 billion, up 52% from FY20.

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... reduction is for APSS spouse and rollover accounts and applies to all ages and level of cover. APSS has also joined many other funds in changing the definition by which it assesses TPD claims, ditching the rigid 'activities of daily living' definition ...

Daintree Capital lists active hybrid ETF

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... securities with a targeted return of 3.5% to 4.5% p.a. above the cash rate and net of fees. "There are very few active hybrid funds quoted on exchanges. Australia only represents 4% of the global hybrid market, so offering access to global hybrids will ...

Super advice gains traction: Research

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... adviser, a figure that has been on the decline by 100,000 per year since 2020. Perceived high costs and lack of investible funds remain the main barriers to seeking advice among those who have unmet advice needs, which Investment Trends calculates to ...