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Showing 41 - 50 of 331 results for "Underperformance"

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... stabilise funds under management (FUM), which dwindled to $12.2 billion at the end of October. "We do acknowledge the underperformance and are working hard on it... I think it's early days in our changes, some of them have only been [introduced] ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... investors, and that's where our initial focus will be." An analyst asked Peters how the company is addressing underperformance; all funds except for the Platinum Asia Fund have underperformed over three-, five- and 10-year periods. "[Which] does ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... rough year for the WAM Leaders Fund which returned jus 2.8% in the 2024 financial year with Haupt blaming the underperformance on positions in Star and Orora. The share price for Star Entertainment has fallen roughly 60% in the year to date.

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... equity funds domiciled in the US, Europe, Japan, Canada and Australia underperformed the S&P World Index, with underperformance rates all falling within the range of 70%-85%." The report found that poor performance of actively managed global equity funds ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... 2.8% in the 2024 financial year versus a 12.1% rally by the S&P/ASX 200 Accumulation Index. Haupt blamed the underperformance on positions in Star Entertainment and troubled glass bottles and cans maker Orora. Haupt also said they missed out on a dazzling ...

Passive funds save $14.4bn in fees: Research

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... active managers who aim to outperform markets. "The higher the investment costs, the higher the odds of market underperformance. A high percentage of investors in active funds underperform index benchmarks because their returns are eroded by high management ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... APRA deputy chair Margaret Cole said: "This year's results demonstrate the progress being made to address underperformance. At the end of June, all 15.7 million MySuper member accounts, with combined assets of nearly $1.1 trillion, were invested ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... just costs and charges." "The proposals in the paper will tighten scrutiny of default arrangements and address underperformance. They'll boost competition in the interests of pension savers by focusing attention on metrics that matter to retirement outcomes," ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Australian government. It also requires ASIC's leadership to critically reflect on the evidence of ASIC's underperformance and to use that as opportunity for improvement." Interestingly, the committee's deputy chair, Labor Senator Jess Walsh ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... this was about the benchmarks set in the product's product disclosure statements and it was about persistent underperformance, not over one or two years." Kirkland said ASIC found that in some cases, clients were not told their investment options were ...