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Showing 581 - 590 of 820 results for "Retail fund"

Super assets reach $1.32tr

MICHELLE BALTAZAR  |  THURSDAY, 10 MAR 2011
Total superannuation assets grew by 7.7 per cent last year to reach $1.32 trillion, with self-managed super funds accounting for the largest slice of the pie, APRA figures show. Prudential regulator APRA today released its quarterly superannuation performance ...

CFS slashes entry bar to wholesale platform

ALISON BEVEGE  |  WEDNESDAY, 9 MAR 2011
Colonial First State has launched an aggressive bid for market share by opening Australia's biggest wholesale investment platform to small investors, positioning itself for a future commission-free superannuation market. Colonial, a subsidiary of the ...

Perennial tactical move pays off

ELISE BURGESS  |  TUESDAY, 8 MAR 2011
Less than two years since launch, the Perennial Tactical Income Trust has raised almost $100 million, appealing to financial advisers drawn to the fund's approach to fixed interest. Since the fund's inception in June 2009, it has returned about 11 per ...

SMSFs a blueprint for future super

MICHELLE BALTAZAR  |  FRIDAY, 25 FEB 2011
... said, he stressed that Australians ultimately have the right to choose their preferred superannuation vehicle, be it a retail fund, an industry fund or an SMSF. Minister Shorten also talked about what the Government's proposed super reforms are, including ...

Legalsuper employer contribs jump 15 pc

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
Boutique legal industry super fund legalsuper reported a 15 per cent jump in employer contributions for the six months to 31 December 2010, reinforcing the rising inflows they attracted in 2009. The inflow momentum has seen them increase their contributions ...

ANZ nabs Paul Barrett from CFS

ELISE BURGESS  |  TUESDAY, 22 FEB 2011
Paul Barrett, the former general manager in advice at Colonial First State (CFS) joins ANZ Wealth as general manager in advice and distribution. Barrett, who will start in the new role in April, will be responsible for all ANZ's financial planner and ...

Super stoush over opt-in scheme

ALISON BEVEGE  |  MONDAY, 21 FEB 2011
A super industry stoush is brewing over annual opt-in fees proposed under the Future of Financial Advice (FoFA) reforms. The Industry Super Network (ISN) has come out in favour of the yearly renewal framework while the Financial Services Council (FSC) ...

SMSFs pour more into property

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... SMSFs account for around 75 per cent of investment in Charter Hall's property funds. It recently launched a Direct Retail Fund, which has 6 properties worth a total of $177 million, with an average lease of seven years. The seven-year fund has estimated ...

APRA releases 2010 fund level returns

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
APRA has released its 2010 fund level data league tables, showing that measured by the controversial 'whole of fund' metric that Australia's top funds are the corporate funds Goldman Sachs, CommBank Officers and Worsely Alumina. Sitting in fourth, fifth ...

Related party asset exposures pose conflict: report

RUTH LIEW  |  THURSDAY, 20 JAN 2011
... different business models used by the retail funds versus not-for-profit funds. Many individuals opting to invest in a retail fund also do so in expectation that the investment will be managed within the group. But the regulator has its concerns. "While ...