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Showing 541 - 550 of 1190 results for "NAV"

Count Financial targets growth with new hire

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
The ASX-listed advice and accounting group subsidiary has appointed a former NAB/MLC manager as its practice development and growth manager for Queensland. Stephen Carlton joins from NAB/MLC where he was business growth manager for Queensland and the ...

Dealer group chief executive departs

ELIZABETH MCARTHUR  |  TUESDAY, 24 NOV 2020
The chief executive of an IOOF dealer group has departed as part of the group's restructure after it acquired MLC Wealth. Geoff Kellett has departed Financial Services Partners after two years as chief executive, with IOOF moving towards shuttering ...

Boutique to use Equity Trustees

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... recognised that a specialist independent trustee is beneficial for investors." EQT will be paid 0.04% of the Spire Master Funds NAV, paid monthly. Spire Capital earlier this year marketed an Oaktree fund to Australian investors.

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
The federal government's landmark review into the nation's retirement income system left no stone unturned in examining the "complex" structure but fell short of making any recommendations. In releasing the 648-page report this morning, Treasurer ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
Invesco is closer to launching a new ETF model in the US that hides the fund's investment strategy and some of its holdings. The global investment manager is in the final regulatory stage of having its active non-transparent ETF model approved. ...

Super funds overlook digital engagement

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
Superannuation funds are missing an opportunity to engage with younger members, who are increasingly becoming dissatisfied with their providers, via digital engagement. The inaugural Superannuation Stealth Survey conducted by SS&C Technologies Holdings ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... advantages and deep credit capabilities, alongside the Fund's structure which allows for inbound and outbound liquidity at NAV, provides Australian investors with a distinct product to meet their income and liquidity needs. Importantly, the fund's ...

FSC names new chair

KANIKA SOOD  |  MONDAY, 2 NOV 2020
The Financial Services Council has appointed a new chair to replace Geoff Lloyd, who has stood down due to his resignation from MLC Wealth. The role is going to Mercer Australia's recently appointed chief executive David Bryant. Bryant was previously ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... ago. The fund invests in 30-50 positions, with a gross exposure of 50-150%. Average long positions are 3% of the fund's NAV while average short positions are 1.5% of NAV. The fees are same as the unlisted trust -- 1.35% per year in base fees plus ...