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Showing 5671 - 5680 of 22790 results for "Funds"

Aussies reunited with $1bn in lost super

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... worth of lost and unclaimed superannuation has been reunited with its rightful owners. The Association of Superannuation Funds (ASFA) estimates 700,000 Australians will receive lost super after super funds have sent ATO's latest consolidating lost and ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
The review of competition in the Australian funds management industry is officially underway between the corporate regulator and Deloitte Access Economics. ASIC acting chair Karen Chester said the review seeks to identify where "competition is effective ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Spaceship is adding a new active equities product to its managed funds lineup, with the fees waived off for first $5000 and 10bps per year after. The Spaceship Earth Portfolio is the third fund in Spaceship Voyager, its $225 million managed funds offering ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... AustralianSuper's promise to go net-zero in carbon emissions by 2050 fails to "match, let alone improve on" what its peer funds are doing, says MarketForces. Last Thursday, AustralianSuper said it would target net-zero carbon emissions by 2050 to ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... period, the government promised $29 billion toward a COVID-19 response, recovery and reform program. To help the state raise funds, balance sheet senior manager Gavin Sinnott said TCorp's primary source of funding uses a benchmark-bond program that issues ...

Old problem needs new solution: Research

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
... exposure to growth with inbuilt protection, at the cost of 85 basis points per year. That's less than the cost of most managed funds."

Morningstar adds ESG to analysis

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
... The research house has commenced integration of environmental, social and governance (ESG) factors into its analysis of funds, asset managers and individual stocks, calling out subpar approaches to ESG. As a part of Morningstar's ESG Commitment Level ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Stockpicker pay cheques revealed

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... the traders but sadly, no analyst whose salary peaked at $750,000. The participants included worked at large-cap equities funds with at least $1 billion in assets, or at small cap or property specialist funds with $500 million in assets.

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
... merge with Sunsuper in February 2019. Rainmaker data indicates the IAG &NRMA fund has approximately $2.2 billion in member funds. The successor fund transfer had been delayed from the originally scheduled date in November 2019 to 14 November 2020, but ...