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Showing 4821 - 4830 of 22787 results for "Funds"

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Franklin Templeton Investments Australia has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue ...

Another departure on AMP Capital MAG team

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Management and Perpetual's diversified investments team. At AMP Capital, he was the portfolio manager for at least 10 funds which were put under review at Morningstar after the announcement. He is expected to leave in October. AMP Capital said it ...

Rating houses recommend Pengana funds

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Following changes in portfolio managers and a distribution lead, Pengana has received strong recommendation for its funds. The Pengana Harding Loevner International Fund, Pengana Axiom International Ethical Fund and Pengana Axiom International Ethical ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Fiducian Group's funds under advice continues to grow but could be dampened by legacy clients that will not renew the services of an adviser. Fiducian's FUA went up $700,000 to $3.7 billion in the year to June 2021, thanks to acquisitions, inflows ...

Praemium FUA doubles, profit slips

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
The platform recorded 105% growth in funds under administration in its full-year results while profit after tax dropped 68%. Praemium recorded $1.5 million in profit after tax down from $4.0 million in FY20. Overall, revenue increased 28% to $65.8 million ...

Stellar year of returns for Aussie equities funds

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
The tale of a rising tide raising all ships played out in Aussie equities managed funds returns for FY21, but some managers rose more than others. The median performer in equities managed funds beat its benchmark in FY21, with Bennelong topping large ...

New equality push in investments

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
... management. The FSC launched the Women in Investment Management Charter, in a bid to improve female representation in the funds management industry. "The FSC surveyed our domestic and global fund manager members on gender diversity in their investment ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
Consultation has commenced on more stringent financial reporting and auditing requirements for superannuation funds, with the government looking to implement a framework that is commensurate with the size of the sector. The Treasury Laws Amendment (Financial ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... between at least 1 March 2017 and 16 December 2020, they advised some 300 clients to establish self-managed superannuation funds and invest in property and developments set up by MKS Property, which is an unregistered managed investment scheme. Some ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... clients. Effective May 21, IFS closed AUSfund, which was set up 33 years ago as a fund for unclaimed or dormant superannuation funds, after the federal government's legislation made it mandatory for superannuation funds to transfer low-balance or ...