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Showing 531 - 540 of 2072 results for "Rainmaker"

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... of scale. At December end, the unlisted infrastructure option had $3 million in funds under management, according to Rainmaker data. It will officially close on March 31.

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... holders took out an average of $8000, totaling $2.9 billion in total early release of super due to hardship, according to Rainmaker analysis of APRA data. "The $10,000 per year the government is now allowing due COVID-19 is about 25% higher than the ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... outperform in the current climate, due to higher than average exposures to cash and other low volatility assets, according to Rainmaker research. Around a quarter of the SMSF sector is held in cash and about 45% is held in shares, compared to other super ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will include more than 7500 member accounts and will see $220 million added to CareSuper's existing funds ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... for issuers. In January, BlackRock shut a Taiwan stocks ETF which had only $5.65 million in assets. A 2019 report from Rainmaker titled 'Zombie ETFs' identified nine funds -- including three of the ones that UBS is shutting -- which had failed ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... volatility of global financial markets is taking its toll on some of Australia's largest superannuation funds. Latest Rainmaker analysis of superannuation returns and unit pricing shows Australia's large superannuation funds aren't immune ...

Industry funds a bright spot for advisers

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... ASIC Financial Adviser Register. During that same period, industry funds have picked up 19 new advisers, according to Rainmaker analysis. Of the advisers who left the industry, only 14 were from industry super funds. Profusion Group director Chris Gordon ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... it doesn't make sense to raid retirement savings and compromise our long-term security in retirement." Meanwhile, Rainmaker head of research Alex Dunnin said the idea of pausing super contributions in economically tough times has some merit - and ...

Super women: Female-led funds on top

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... their member's super by $100,000 over their working life. That's according to the latest data coming out of Rainmaker Information, which found that female-led funds with MySuper products perform better than their male-dominated counterparts. ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... members. At December end, the unlisted infrastructure option had $3 million in funds under management, according to Rainmaker data. Media Super said the decision to eliminate the product came despite strong performance. Affected members have until March ...