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

Search Results

Showing 4961 - 4970 of 22787 results for "Funds"

ASI product development lead exits

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... recently let go. The local fixed income and global equities units also faced several changes. ASI has pulled the plug on three funds: Aberdeen Standard Diversified Fixed Income Fund; Aberdeen Standard Inflation Linked Bond Fund and Aberdeen Standard ...

Adviser ETF use grows

ANNABELLE DICKSON  |  TUESDAY, 29 JUN 2021
Financial advisers have increased their adoption of exchange-traded funds (ETFs) as demand for access to specific markets surges, new research shows. The latest BetaShares/Investment Trends ETF Report revealed 75% of Australian advisers are now using ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Two industry superannuation funds announced they are exploring a potential merger to create a $77 billion fund with 1.4 million members. Hostplus and Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... ASFA expects half of all Australians to be self-funded in their retirement by 2050," said Association of Superannuation Funds of Australia chief executive Martin Fahy said. Overall, the report said Australia's budget and economy outlook for the next ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... performance for NHFIC. NHFIC recently crossed $2 billion in debt issuance, whose investors have included superannuation funds like Cbus and UniSuper. In October last year, the minister for housing Michael Sukkar appointed Commonwealth officer Robert ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... different investment structures mean the different options will not have exactly the same fees. "With the Catholic Super funds transferring to Equip and the size of the funds combined being circa $30 billion, Equip members will see the benefit of a broadening ...

KPMG promotes two super experts

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... was recently made a partner, having joined KPMG two years ago. She is currently the head of self-managed superannuation funds and estate planning for KPMG Enterprise. Dolan has spent more than 25 years advising private clients on the legislative application ...

Perpetual adds to board

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... new $284 million debt facility (nearly 50%) and cash (10.6%). The acquisition is estimated to have tripled Perpetual's funds under management from $28.4 billion to $92.3 billion.

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... the further revised SS&C scheme and terminated discussions with Apex. Mainstream's recently recorded $272.2 billion in funds under advice, as its Pendal win and inflows delivered a 21% uptick in FUA from the previous quarter. The administrator currently ...