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Showing 4931 - 4940 of 22789 results for "Funds"

Capital Group managing director exits

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... transfer from Australia to the North American office, where he worked as a consultant in institutional brokerage and pension funds for five-and-a-half years. The relationship with Capital Group continued when Hennessy moved to CIBC World Markets and ...

Significant drop in charitable giving

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
... family violence. Typically, we have relied on philanthropic donations to ensure people are safe - without these transferable funds, many families will miss out," she said. "We are, however looking forward with optimism, donations have begun to increase ...

BNY Mellon acquires Milestone

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
BNY Mellon will acquire Milestone Group, a funds management technology provider. The deal comes just over a year after the two companies formed an alliance to create a suite of oversight and contingent net asset value (NAV) services for asset managers ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... Fok puts the result down the fund's approach to its strategy throughout the pandemic. "Cbus was one of a small group of funds to achieve a positive result (0.75%) during the previous 2019/20 financial year. To then have the confidence to get back in ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... remuneration of just over $900,000. The report stated that several chief investment officers and chief executives at super funds earned more than both in the same time period. Stewart explained that Aware looks at what is paid across the wealth management ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... Ian Silk and Cbus chief executive Justin Arter appeared before the committee, chaired by Liberal MP Tim Wilson today. The funds both reported record returns for the 2021 financial year, with Cbus returning 19.34% in its MySuper option and AustralianSuper's ...

BT Panorama completes migration

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
BT Panorama has completed the migration of its BT Wrap clients, bringing its total funds under administration to over $100 billion. The final tranche of nearly 50,000 accounts worth over $15 billion in funds under administration have migrated to BT ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
... what the fees suggested the manager should be trying to achieve, the regulator said. "This was particularly apparent for funds that charged a fee commensurate with active management (i.e. with the aim of outperforming market returns), and were managed ...

ASIC review of ESG products underway

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
The corporate regulator has confirmed it is undertaking a review of ESG funds, analysing whether they're as 'green' as they claim to be. Writing on the aims of the review, ASIC commissioner Cathie Armour said there is growing anxiety as to the risks ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. ...