Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 451 - 460 of 2369 results for "Majority"

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... ESG issues. Despite a growing number of super funds claiming to incorporate ESG into their investment processes, the majority of super funds are still failing to support ESG proposals," he said. Eight funds supported more than 50% of ESG proposals in ...

AMP Capital divests majority stake in train company

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... AMP Capital since 2008. In 2015, AMP Capital upped its stake in Angel Trains to 30%. PSP Investments will become the majority shareholder once the transaction closes this month. Angel Trains has a diversified fleet of about 4300 vehicles, the majority ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... deposits. Meanwhile, the gender gap of SMSF members is narrowing with 53% of SMSF members being male and 47% female. The majority (86%) of SMSF members are 45 years or older. The average assets per SMSF member were $696,000 while the average assets per ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... conducted at AIST's annual ASI Conference, surveyed investment professionals from super funds and fund managers. The majority or over half said they will change their asset allocation slightly. About one quarter said they will not change their allocations ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... leading responsible investment practices," the report found. "The other really surprising factor was that an overwhelming majority -89% - of the money that's managed is managed by managers that claim to make some kind of ESG or sustainability claims," ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... but were offset by new clients, the firm said. Its total global clients now stand at 380, an increase of 350 from FY20. Majority of the $65.6 million revenue (92%) was fee income from contracted clients. The remaining was split across interest income ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... environment created by the pandemic." Over a 10-year period it returned 10.1% p.a. against its target of 6.1% p.a. The majority of the fund's assets is allocated to equities - domestic (8.5%) and global (18.2%). Its next largest holdings are in private ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
... implementation of the Nasdaq equity market trading system that went live on 16 November 2020 found that the ASX met the majority (58 out of 75) of the capabilities required for the project to be successful. Some of the shortcomings found were in the ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... predecessor fund, APRA will use the product with the same trustee and/or product design [such as investment strategy], and with majority of the members. It also warned funds to not sneak in returns from other super products into MySuper returns while ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... providers. This is according to a survey by Stake and Next Gen Investor Research, which canvassed more than 1000 investors. A majority (75%) of super fund members are open to moving their super to a more innovative fund, while a quarter (24%) said they ...