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

Search Results

Showing 41 - 50 of 201 results for "Rainmaker data"

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... will be issued at $1.20, representing a 38% premium to the company's closing price yesterday. According to Rainmaker data, Paragem is currently home to 76 financial advisers. Following the transaction, Easton - which already owns GPS Wealth - will ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
... years ended 30 June 2020 are each in the top three of MySuper investment returns of all funds over those periods." Rainmaker data shows MIESF, established in 1981, is home to about 18,000 members and has $877 million in funds under management.

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... manager in Australia (behind State Street) with $140 billion in assets under management at March end, according to Rainmaker data. At June end, it had about $153 billion in Australian-sourced assets. In superannuation, Vanguard manages money for at least ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... matter, we wish to inform you that the transfer to CareSuper will occur on or around 30 October 2020." According to Rainmaker data, the transfer should see about 7500 accounts and $207 million added to CareSuper. Just a few months ago, in March 2020 ...

Industry fund reveals new mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 16 SEP 2020
... also terminated a mandate held with Cooper Investors which had been in place for more than 15 years, according to Rainmaker data. Rainmaker data from June of this year shows the mandate with Allan Gray was worth about $146 million and had been in place ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... for our Balanced Socially responsible option into the Pendal Group's Sustainable Balanced Fund." According to Rainmaker data, to July 31 this year the Balanced Socially responsible option returned 0.8% over one year, 5.6% over three years and 4.2% ...

Synchron compliance lead moves to AMP

ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
... but instead to promote both heads of compliance so that they report directly to the Synchron board. According to Rainmaker data from June, AMP is the largest advice AFSL in Australia with 1025 registered advisers, a 4.7% market share. The second largest ...

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... the COVID-19 pandemic, according to the latest research from Rainmaker. In its most recent Vantage Point report, Rainmaker data shows Australian equities rebounded to return 17.4% in the second quarter. The report referenced predictions by both the International ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... however it sits in 52nd place over five years. For comparison, CareSuper is ranked 11th over five years, according to Rainmaker data. Perpetual is not the only trustee to delay a successor fund transfer of late. In March, Tasplan and MTAA Super, who ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
... so. Three days later, on February 15, the firm applied for a review of the regulator's decision. According to Rainmaker data, the dealer group is home to about 84 advisers. Just last year US-based consultancy firm Anvia Holdings Corporation took ...