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Showing 5401 - 5410 of 22790 results for "Funds"

Goldman Sachs launches robo-adviser

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... retail clients achieve their financial goals by automatically rebalancing their portfolios with the use of exchange-traded funds. Marcus Invest offers over 50 ETF products invested in bonds and equities, categorised across three strategies. Core is for ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... to go towards a home deposit is an unfair system. "Australians shouldn't be serfs to their own super - if Big Super funds can use your money to buy homes they own, fund members should be able to use their money to buy a home," Wilson said. "Banning ...

Asset managers move to ESG

ANNABELLE DICKSON  |  FRIDAY, 19 FEB 2021
... their analysis and investment decisions by the end of 2021. Climate change and ESG were cited as being top priorities for funds within APAC with climate change among the top trends respondents will invest in within the next three to five years. Despite ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... fund. In recent years there has been a push, supported by industry regulators such as ASIC and APRA, for superannuation funds to remove this cross subsidy. "Regardless of the upcoming merger, MTAA Super were going to be removing the impact of cross subsidisation ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... incentives like the early release of super was also a burning question. McPherson told the recent Association of Superannuation Funds of Australia (ASFA) conference that it is worrying how the industry excludes this cohort from the type of advice that ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... holding. J.P. Morgan won several custody mandates last year; CareSuper, TelstraSuper and Xplore are some examples. Meanwhile, Funds SA said in July last year it is ending its 19-year-long custody relationship with J.P. Morgan and will move to Northern ...

Charter Hall bleeds profits, appoints director

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
The property investment group's profits are down 44.7% despite a steady increase in funds under management (FUM), according to its half-year results. Statutory profit plummeted to $173.2 million from $313.2 million in the 12 months prior and EBITDA ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... Institute of Superannuation Trustees chief executive Eva Scheerlinck warned that consumers are at risk of being stuck in dud funds. "If stapling occurs before underperformance is substantially addressed, members who are currently in underperforming funds ...

Cbus hires new group executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 FEB 2021
... joining the Cbus executive team in this important role at such a critical time of growth for the fund and for industry super funds in general," Miller said. "I believe that with Cbus' strong member focused culture and depth of talent, we are well ...

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
The platform provider posted a 34.5% increase in statutory profit and a $4.5 billion rise in funds under administration in its half-year results. Netwealth's statutory profit reached $27.6 million and funds under administration grew to $38.8 billion ...