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Showing 4581 - 4590 of 22787 results for "Funds"

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

Crypto mining ETF launches

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
... "Quoting the Cosmos Global Digital Miners Access ETF on Chi-X Australia is a significant development for the Australian funds management sector. For too long, investors have had to weigh up access to the growth of digital assets such as cryptocurrencies ...

Natixis hires sales director from First Sentier

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... Tighe said he looks forward to bringing his experience of working with various institutional clients from superannuation funds to foundations and family offices. Separately, the firm's head of global market strategy Esty Dwek left in October to join ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
In reviewing decisions made by super funds in relation to unlisted assets early last year, APRA has found an overreliance on external parties like fund managers and asset consultants by some, possibly to the detriment of members. It also found instances ...

Kilter wins $70m mandate

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... Kilter Rural has won a $70 million mandate from an unnamed US institutional investor. Kilter, which has $250 million in funds under management, will invest in sustainable Australian agriculture and water assets on behalf of the client. Established in ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... the process of acquiring Suncorp Portfolio Services Limited (SPSL) which will result in 250,000 members and $28 billion in funds under management. The acquisition of SPSL is due for completion in the first half of 2022. "All of our work with Energy Super ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees of industry and retail funds) and focused on conduct during the time of increased market volatility arising from the COVID-19 pandemic. The surveillance ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... amount it has raised since 2018 to $48 million. The latest round was led by Perennial Value Management, and included Regal Funds Management, Ophir Asset Management and Alex Waislitz's Thorney Investment Group. Superhero chief executive John Winters said ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... identify the issue or what exactly the issue was. BT Panorama is the leading platform in market share with $147 billion in funds under administration, excluding BT Corporate Super, and an 18.8% market share. In the year to September 2021 the platform ...