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| | | ... the operational efficiency of funds and found that the administration and operating expense (AOE) ratio is in decline for most, though they remain relatively high for about 25%. "Over the last five years, many funds have improved their operational efficiency ... |
| | | | ... Canada. "Our launch of HLGVG, one of the few venture-focused evergreen products globally, allows clients to participate in the most inaccessible part of the private markets," Hamilton Lane head of global client solutions James Martin said. With approximately ... |
| | | | ... member's estate. Cbus said this reform will eliminate the need to undertake lengthy and complicated "claim staking" in most cases - a process the fund uses to determine eligible beneficiaries. It will also reduce the death claim process by about ... |
| | | | ... hawkish; in May it cut and was dovish, with talk of a possible 50bp cut; in July, it held steady which was a surprise as most economists expected a cut; in August, it cut and was more balanced. [Yesterday], it delivered a hold and a more hawkish tone. ... |
| | | | ... number of complaints made against each fund was largely in line with their membership size, with AustralianSuper receiving the most at 1183, HESTA was next in line with 540, followed by Australian Retirement Trust (ART) was next in line with 500, and ... |
| | | | ... payouts rising 13.8% year-over-year, more than twice the pace of the wider world, the report said. Meanwhile, the US made the most substantial contribution, owing to its sheer size, to the $108.3 billion (US$71.3bn) increase over the previous corresponding ... |
| | | | ... 0.83% to 0.75%, and investment fees in the High Growth option fell from 0.78% to 0.72%. However, fees were higher across most Your Choice options. Cash and term deposits saw a rise from 0.02% to 0.03%, diversified bonds rose from 0.29% to 0.32%, and ... |
| | | | ... led institutional sales and client service for Challenger Life, as well as Fidante affiliate Ardea Investment Management. Most recently, Gordon was head of distribution for amicaa; he left that role in October last year after just four months. The appointment ... |
| | | | ... director and deputy president at First Sentier. Moore comes with over 15 years of experience with the asset management firm, most recently serving as the chief commercial officer. In this role he oversaw investment teams in Australia and Asia. He also ... |
| | | | ... retirees with unnecessary complexity. SMC's response also challenged the assumption in Treasury's discussion paper that most members draw down the minimum. SMC said in the 2023-24 year, 63% of sampled retirees from three large funds withdrew ... |
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