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Showing 5071 - 5080 of 22790 results for "Funds"

What Gen Z think about investing

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... millennials investing in crypto versus 15% of Gen Z. Perhaps unsurprisingly, Gen Z were the most likely cohort to cite lack of funds as the thing holding them back from investing (38%). But, across all generations Vanguard found this was the most likely ...

Aware Super adds government relations head

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... relations and policy team as Aware Super builds on its standing as one of Australia's largest and best-performing super funds." The appointment follows Aware announcing that it is restructuring its financial advice team, which is is expected to result ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... financial adviser and Gilbert + Tobin as legal adviser. Mainstream's recent quarterly results 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 ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
... regulator said those under $30 billion should be doing so. The fund currently has about 84,000 members and around $13 billion in funds under management. "This decision will increase our appeal to a broader range of members looking to have their superannuation ...

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... existing Luxembourg-domiciled vehicle, which has a minimum investment size of US$5million. Ironbark Asset Management head of funds management Alex Donald said the firm will launch an Australian feeder fund for the strategy in the third quarter of this ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft ...

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... merger for Intrust comes at a time when it is significantly below APRA's desired scale of $30 billion for superannuation funds to survive. Intrust was also hit by early release of superannuation withdrawals of about $288 million last year. For Hostplus ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... business; asset consulting via the van Eyk Consulting business; financial advisory via the van Eyk Advice business; and funds management via the van Eyk Blueprint Series business. The allegations made by ASIC relate to his conduct as an officer of the ...

Praemium chief executive exits

ANNABELLE DICKSON  |  FRIDAY, 21 MAY 2021
... reinstated as chief executive. Since then, he oversaw the acquisition of Powerwrap which led to a 96% increase in global funds under administration. For the March quarter, the Australian platform FUA increased 224% on the previous corresponding period ...