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Showing 41 - 50 of 636 results for "retail funds"

Milford makes significant board appointment

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... ASB Bank - Investment Committee, with responsibility for the investment and risk management oversight of the bank's retail funds management business. Milford chairMark Cross welcomed Walker to the board, noting that his extensive financial services and ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... period. Industry funds continued to go from strength to strength, rising 15% year on year to $938.9 billion, while retail funds hit $697.2 billion at a rate of 10%. Public sector funds trail behind retail funds in terms of size, with $624.4 billion ...

Orbis Australia announces leadership changes

CHLOE WALKER  |  TUESDAY, 16 NOV 2021
... which oversees $51 billion in funds under management, $14.5 billion of which is from Australian institutional and retail funds. Josling congratulated Ciccolallo for his instrumental role in building and managing many of Orbis Australia's institutional ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... restructure the way they pay penalties. As these funds do not have pools of shareholder capital to draw on the way retail funds do, they will have to create a pool of capital held by the trustee. Cbus is not the only fund to already move on the issue ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... possible 100. Ethos CRS analysed 80 different documents published online by the 10 largest industry funds and 10 largest retail funds. The documents looked at were the funds' product disclosure statements, financial services guide, annual reports, and ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees of industry and retail funds) and focused on conduct during the time of increased market volatility arising from the COVID-19 pandemic. The surveillance ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% and 1.08%, respectively. There is also no difference in the total fee ratio for single strategy and lifecycle ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the largest super funds - AMP, BT, Colonial First State, Commonwealth Super Corporation ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the largest super funds - AMP, BT, Colonial First State, Commonwealth Super Corporation ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... just one year. On Wednesday, ISA said the move means 13 out of the 20 biggest benefactors of admin fee change are retail funds. Three are industry funds (Prime Super, TWU Super and Energy Super), while the remaining are corporate funds. By sector, retail ...