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Showing 31 - 40 of 20420 results for %22Funds SA%22

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... investment of US$20.5 million ($31.3m). In June 2023, PAC sold its stake in Proterra Investment Partners Asia to Challenger Funds Management for US$8.25 million ($12.6m). As part of the deal, PAC chief executive and chief investment officer Paul Greenwood ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... as straightforward as people might think," she said. "It's going to be paid as an annual payment in arrears to the super funds." Like many, independent senator David Pocock welcomed the proposed changes proposed in the Bill. However, he believes that ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... affected smaller firms. The first round, which took effect in early 2023, saw 97 firms that included banks and superannuation funds report IDR data to ASIC. The second group of about 340 financial firms commenced their IDR reporting in August 2023. The ...

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
Uncertain market conditions in 2023 spurred a rebound in the number of self-managed super funds (SMSFs) seeking financial advice. According to new research from AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed ...

UK manager recruits Australia head

ELIZABETH FRY  |  FRIDAY, 15 MAR 2024
... New Zealand. In this Sydney-based role, Thurgood was responsible for identifying and developing relationships with pension funds, private banks, institutional investors and other investors. Before that, the sales executive was the managing director of ...

Boutiques, quant funds shine among active funds

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
New boutiques and low-cost quants are among the most popular actively managed funds, bucking the trend among peers that continue to see outflows, Morningstar research finds. MQG Investment Management, Metrics Partners, Real Investment Management, and ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
The total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... customers in AUD an annual compounding return of either 4.01% or, in some circumstances, 6.01%, in exchange for the use of their funds by Finder Wallet. Finder Earn ceased operating on 24 November 2022. Commenting on the decision, ASIC executive director ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... around your day of birth. "Following your 50th birthday any future contributions, including any rollovers from other super funds, will be allocated across the investment Pools, with an increased proportion going to the Balanced and Cash Pools as you ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... 19% of advisers are potential users, taking the total possible reach in coming years to 75%, the report said. In addition, funds under management (FUM) in managed accounts have surged 146% in five years to exceed $194.85 billion. State Street Global ...