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Showing 31 - 40 of 4836 results for %22Managed funds%22

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 ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... have large portions of their funds that are. Mercer said it expects this to significantly decline, though not the assets managed through platforms. "It is likely that these 'surviving' platforms will be those that see a path to profitability while complying ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
A new report from State Street and Investment Trends found a record 25% of all new client inflows are placed into managed accounts. The proportion of advisers using them has more than tripled from 18% a decade ago to an equal record high of 56% now. ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
... can also track the progress of trades and receive estimated completion dates for switches. As of February 28, North's managed portfolios have surpassed $14 billion, growing 66% year-over-year. Its retail menu includes 112 portfolios from 19 investment ...

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
Blossom, an Australian fixed income app, has launched Blossom Plus, a managed fund that offers access to bond investments with a target return of 7%. The new product is designed for investors who want to maximise the value of the savings made on their ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... exist on March 26, the fund manager told investors, as its "small size means that it has high running costs and cannot be managed in a cost-efficient way". "The fund has also been in outflow for a number of years, and we consider that there is little ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... Invest as its first external investment manager. Under this partnership, Rask Invest's clients will now have their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... mortgages business in the UK and recently sold the OneVue Platform Business to Praemium, while SS&C scooped up the managed funds administration business for $52 million. Shortly after Price was appointed chief in 2022, he overhauled the executive team ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... breached conflicted remuneration provisions. ASIC's case alleged that SMSF Club advised its clients to set up self-managed superannuation funds (SMSFs) to buy real property marketed by real estate agent Positive RealEstate. ASIC alleged that between ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... alongside the quiet rollout of a pension product. Close behind, Essential Super's Employer - Lifestage 1980-1984 option, managed by Colonial First State (CFS) for its investment schemes, saw a return of 11.5%. Notably, CFS' FirstChoice Employer ...