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Showing 4991 - 5000 of 22789 results for "Funds"

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... 16, with returns of money to investors expected by July 31. "FTIA have determined that based on the current low level of funds under management and the improbability of growing the fund's FUM in the near term that it is in the best interests of all ...

Fidante readies new boutique

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... emerging markets securities, with Fidante as a shareholder and distribution and infrastructure provider. It will launch two funds: Ox Capital Emerging Markets Fund and Ox Capital Dynamic Emerging Markets Fund. It is understood to be set up Doug Huey ...

Coolabah lists fund on Chi-X

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... our relationship with Chi-X by partnering to bring FIXD to market. This was previously an institutional strategy for super funds that was not available to the public," Coolabah portfolio management director and market technicals analyst Ying Yi Ann Cheng ...

Advisers turn to ETFs during COVID

KARREN VERGARA  |  MONDAY, 21 JUN 2021
Financial advisers' appetite for exchange-traded funds has more than doubled since the global pandemic hit as new trading data shows that index funds are providing better means of diversification. AUSIEX research found that before COVID-19, one ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... secretary Jenny McAllister's comments on June 17 in debating the Treasury Laws Amendment (Self-Managed Superannuation Funds) Bill 2020 that is proposing the maximum number of SMSF members is increased from four to six. McAllister said that Labor ...

ME Bank acquisition receives green light

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... government has approved the Bank of Queensland's acquisition of ME Bank, which was formerly owned by industry superannuation funds. ME Bank will officially become part of the BOQ group. The two firms said they will continue to operate as separate ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... Toyota Super and BOC Super. Fairley was first appointed chair of Equip in 2009 when the fund had less than $4 billion in funds under management. Under his stewardship, the fund has now grown to about $30 billion, including Catholic's FUM. Despite ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... failed to have controls and risk management systems in place to turn off ongoing fees for members who may have left the funds and were no longer receiving services. The fallout saw the exit of NAB chief customer officer of consumer banking and wealth ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that ...

Plenary hires team of seven from AMP Capital

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund. Plenary had already announced that Julie-Anne Mizzi, who had spent 17 years at AMP Capital and led its $1.24 billion Community Infrastructure ...