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Showing 4841 - 4850 of 22787 results for "Funds"

Alceon launches retail fund

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... minimum investment at $10,000. In April, Alceon merged with Freehold Investment Management and combined their real estate funds management businesses.

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... to 2021. Challenger turned around a massive loss of $419 million in FY20 to a $589 million in net profit after tax. The funds management business saw FUM rise by 30% to $106 billion. Fidante Partners, the distribution, administration and business support ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... said. "Thankfully we never placed all our business with any one platform and this will now form a bedrock policy to our funds management policy from now on." Health and Finance Integrated chief executive William Johns was also left frustrated by the ...

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... the way investment options are managed," the fund said. Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information. Rainmaker's ...

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... he said. In July, MSC Group made three senior appointments, including a new chief operating officer and two co-leads of funds administration businesses MSC Abacus. Hayden Williams joined MSC in the role from Sandhurst Trustees where he was the head of ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Lendlease fund acquires assets

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
... strategic acquisition provides multiple opportunities to unlock synergies and add further value for our investors," Lendlease Funds Management managing director Scott Mosely said. "The industrial sector continues to benefit from global thematics including ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... the shorter time-horizon for administration fees that are included in the test, and softer wording in letters that failing funds must send to their members, according to Industry Super Australia (ISA). The bill passed the Parliament on June 17, with ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... tool, information to be included in notices for annual members' meetings, and further strengthening of prohibition on funds offering inducements to employers. "The final performance test methodology will see the administration fee component of the ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... and being a major provider of trustee services to the securitisation market and outsourced responsible entity services to funds. All positive indicators of future income-generating abilities, according to Morningstar. While perhaps best known for its ...