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Showing 4781 - 4790 of 22787 results for "Funds"

Maritime Super dumps ISA membership

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... decision is an example of putting the financial interests of members ahead of anything else, which is what industry super funds are all about. "On behalf of the Industry SuperFund collective, I thank the fund for its contribution and the positive difference ...

Funds management staff want remote work: Research

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... part-time basis. Many of these professionals believe remote work has increased their efficiency and that many roles within funds management are well-suited to a hybrid environment. Notably, investment professionals reported a shift in what motivates ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... paid a $1.7 million break fee to Vistra, and will pay a $3.7 million break fee to SS&C. It ended FY21 with $287 billion in funds under administration (up 46%). The $91 billion increase in FUA came from net inflows (78% of the total) and market movements ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance ...

ASIC to ease hardline stance

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... change, monitor unlicensed activity, and educate retail investors. It will also target the marketing of managed investment funds by monitoring traditional and digital media using search terms that are likely to appeal to retail investors.

The next 20 years in Aussie ETFs

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... he said. On active ETFs, Macdonald said about 4% of total assets under management in ETFs globally are currently in such funds. However, an increasing proportion of new ETF inflows are going towards active ETFs as opposed to passive, including in Australia. ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
Fund manager and super fund Australian Ethical enjoyed record annual growth in its funds under management and announced a dividend in its results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... opportunities where we and our investment managers can create value," he said. The Future Fund manages assets for five other funds, including the DisabilityCare Australia Fund. Total managed assets across all six funds reached $245.8 billion at 30 June ...

AustralianSuper appoints head of equities

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... manager before being promoted to deputy head of equities. Pascoe was previously the chief investment officer at the Victorian Funds Management Corporation from 2008 to 2016. He also worked at Goldman Sachs Asset Management, State Street Global Advisors ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... which Clime acquired in June 2020, contributed $3.6 million to the group's FY21 revenue. Madison now has $3.8 billion in funds under advice and $45 million of in-force premiums. Chief executive Annick Donat said despite the legislative challenges, Madison ...