Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 219 results for "Balanced Fund"

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... said. The average age of members is 62, while the average account balance is about $280,000. The flagship Fiducian Balanced Fund returned 21.8% pa in the year to June 2021; over 10 years it delivered 9.4% pa. The hearing found that directors of the fund ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... Lifestage Fund 1975-1979 placed third with 19.6% p.a. Industry super funds - AustralianSuper's Personal Plan Balanced fund with 19.5% and Hostplus' Personal Super Socially Responsible Investment Balanced fund with 19.4% rounded the top five. ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The New Zealand government's review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced ...

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... Mercy Super, Legalsuper, ESSSuper and LGIAsuper have all withdrawn allocations to the AMP Capital Ethical Leaders Balanced Fund. A total of 2854 Australian investors and 321 financial advisers were surveyed as part of this research. The survey found ...

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... five strategies were Macquarie Balanced Growth fund returning 8.2% over three years. This was followed by Ausbil Balanced Fund (7.6%), IOOF Multimix Balanced Growth Trust (7.5%), Fiducian Balanced Fund (7.5%) and BlackRock Global Allocation Fund (7.3 ...

Super fund appoints head of asset allocation

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... promotion of Mike Murray. AEF has appointed John Woods to head of asset allocation, where he will be responsible for the balanced fund and overall strategic asset allocation process. This comes after the recent promotion of Mike Murray to head of domestic ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Another super fund has axed AMP Capital Ethical Leaders Balanced Fund as the sole manager of its socially responsible option, citing liquidity concerns and negative press. Mercy Super has made the decision to drop AMP Capital Ethical Leaders as the ...

AMP Capital lags on sustainable inflows

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
... said. In the last 12 months, AMP Capital has lost several significant super fund mandates in its Ethical Leaders Balanced Fund including ESS Super, QSuper and a $40 million mandate with Legalsuper. As for Pendal and Perpetual, Kennaway said both were ...

Super fund ousts ethical manager

JAMIE WILLIAMSON  |  FRIDAY, 22 JAN 2021
... this month. LGIAsuper's Socially Responsible Balanced option is now invested in Pendal Group's Sustainable Balanced Fund. The option was invested in the AMP Capital Ethical Leaders Balanced Fund but was transferred during the week of January ...

State Super names new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 21 JAN 2021
State Super has appointed a new chief investment officer, replacing Gary Gabriel who departed for VFMC last year. Charles Wu has been affirmed in the role, promoted from deputy chief investment officer and general manager, defined contribution investments. ...