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Showing 511 - 520 of 6777 results for "Benchmark"

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... MSCI World Climate Paris Aligned Index and the MSCI Emerging Markets Climate Paris Aligned Index in June, with the new benchmark taking effect on 1 July 2022. The changes apply to the fund's reference portfolio benchmark and its passive investments in ...

Rising number of active funds underperforming: SPIVA

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... also found that while there were a few standouts in the S&P/ASX 200, 75% of the largest absolute contributors to the benchmark had a negative return. "Although positive returns were available, they were widely dispersed among many small winners," the ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... sufficiently prominent warnings. It has also committed to no longer using the Reserve Bank of Australia cash rate as a benchmark after ASIC said it appeared inconsistent with the fund's assets and strategy. The other REs, trustees and products that have ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
The final raft of legislative reform resulting from the Royal Commission will be introduced to parliament this week and consultation on the review of the Your Future, Your Super regime has commenced, minister for financial services Stephen Jones confirmed ...

Defensive equities strategies protect against downturn: Report

CASSANDRA BALDINI  |  MONDAY, 5 SEP 2022
... the most defensive end of the spectrum, seek explicit risk reduction. It targets a lower volatility profile than the benchmark, typically 15-30% versus the index over a market cycle and should offer downside protection in a declining market. The report ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... more than 20%. Future Funds chair Peter Costello added the fund is "long-term" and continues to outperform the target benchmark. "The fund continues to achieve this objective, with a 10-year return of 9.7% per annum against a target of 6.6% per annum." ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
ASIC is calling on superannuation trustees to review and improve the effectiveness of target market determinations (TMD) for their products. The regulator's request follows a sample review of trustee compliance that found some poor practices. ASIC ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... assets like venture capital. "There's the performance benchmarking under the Your Future, Your Super (YFYS) where the benchmark used for venture capital doesn't have anything to do with the underlying asset class," McMahon said. "How that ultimately ...

Mercer NZ names chief investment officer

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
Padraig Brown has been permanently appointed as Mercer New Zealand's chief investment officer, having acted in the role since May. The appointment also sees Brown promoted to partner. He's been with Mercer since 2011, initially in the Sydney office ...