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Showing 41 - 50 of 280 results for "Underperformance"

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... declining and face immediate sustainability issues. "Such RSEs will likely face challenges in addressing areas of underperformance, such as high fees and poor investment returns, and funding operational improvements that ultimately benefit members," ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... afoul of a government crackdown on technology firms in China," the researcher said. Morningstar reasoned the underperformance was "one-off (but damaging) disruption, and do not believe Magellan's investing acumen has diminished". "Until Magellan ...

Active funds continue underperformance

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... could not find a consistent trend to explain the performance of funds in 2021. Rather, it observed consistent underperformance for most Australian active funds across categories over the longer periods (five year and 10-year periods). Active funds from ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... shares are undervalued but concur there are limited near-term earnings and share price catalysts due to recent underperformance. The St James' Place mandate could trigger further fund redemptions. Continued strong performance will be key to reverse Magellan's ...

Christian Super investment chief in new role

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... Christian Super being directed by the prudential regulator to merge with a larger fund by 31 July 2022, citing underperformance.

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... to performance. Morningstar estimates the SJP mandate was worth $19 billion. Ler noted that Magellan's recent underperformance has only begun since November 2020. "We thought institutional clients would negotiate for lower fees rather than terminate ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... O'Halloran welcomed the spotlight APRA is shining on poor performance in the super sector. "We know that highlighting underperformance drives improvement," O'Halloran said. "Blaming consumers for poor choices has become an industry pastime. Given both ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... of unsuccessful candidates have re-sat the exam with 66% passing at a re-sit. In the recent sitting, areas of underperformance include the topics of financial advice regulatory and legal obligations, and financial advice construction. FASEA said candidates ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... Christian Super has been told by the prudential regulator that it must merge by 31 July 2022 following persistent underperformance. APRA has imposed additional licence conditions on the super fund in order to protect the best financial interests of members ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
... the combined investment (net of fees) and administration fee benchmarks. In the test results, the measure of underperformance beyond 50bps wasn't disclosed. Ellis said APRA met its obligations in disclosing the results as it did and is open to doing ...