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Showing 5211 - 5220 of 22790 results for "Funds"

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... in the quarter ending March, taking its assets over $100 billion again. Pendal ended March with $101.7 billion in total funds under management (FUM), 4.4% higher than December's closing FUM of $97.4 billion. The 4.4% uptick in closing FUM includes net ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... advice provided on KiwiSaver (48%), mortgage products and consumer credit contracts (37%), and general insurance and managed funds, which drew 32% respectively. New Zealand has 10,736 financial advisers in total and 12,287 nominated representatives. ...

Praemium FUA up, opens Edinburgh office

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
The platform has recorded increased funds under administration (FUA) of $37.9 billion as it expands its presence in the UK with the opening of an office in Edinburgh, Scotland. For the March quarter, Praemium recorded an 11% increase in FUA, and a 96% ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for ...

Fidante signs on new boutique

KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
... more sustainable economy," Impax Founder and chief executive Ian Simm said. Fidante ended 2020 with $71 billion in total funds under management. Its other recent partnerships include Japan's Nomura Asset Management, and agribusiness-focused private equity ...

WTW head of strategic advisory resigns

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... research about Australia's superannuation industry becoming the most successful in the world, Melville commented that super funds have shown considerable resilience and will continue to play a significant role in the nation's recovery. Melville ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The two industry superannuation funds have signed a memorandum of understanding to weigh a potential merger. If the merger proceeds, the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the ...

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The Financial Services Council (FSC) wants superannuation funds' ESG investments to be included in the proposed Best Financial Interests Duty. The government's BFID wants super trustees to make decisions that are in best "financial" interests of their ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... Australian and global equities sectors suffering ongoing outflows, Rainmaker said. "The money isn't leaving managed funds however, it is moving to ETPs." One notable move helped boost ETP assets. Magellan converted three global equities products ...

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... the profits that he pretended investors could expect. Rather than being invested in a managed fund, ASIC alleges investor funds were used to pay for the lifestyle expenses of Grace and his immediate family. The charges laid against Grace carry maximum ...