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

Search Results

Showing 5991 - 6000 of 22790 results for "Funds"

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... stable, which it acquired for a combined $32.5 million. As the responsible entity of the ASX-listed REIT, Centuria Property Funds No. 2 acquired a Beacon Lightings purpose-built distribution facility in Melbourne, as well as Breezeway Australia's Queensland ...

Australian Ethical benefits from seismic cultural shift

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
Australian Ethical has seen almost 10,000 new members invest in its super and managed funds offerings in the past financial year, while institutional players - including other super funds - have also been knocking at the door. "We are fielding calls ...

Equity Trustees rejigs two leadership roles

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
... available to us here and overseas." EQT's corporate trustee business in FY20 was appointed the trustee for AIA/CommInsure funds ($10.5 billion FUM), authorised corporate director to a suite of River and Mercantile funds ($3.9 billion) and responsible ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... denying choice of fund can discourage member engagement and lead to paying higher fees. The Association of Superannuation Funds of Australia chief executive Martin Fahy welcomed the new law. "Improvements in the efficiency of contributions processing ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... services." In its results, Raiz reported a 15% increase in active customers to 223,730 and a 30% increase in Australian funds under management to $453.6 million. In addition, total revenue increased by 57% to $9.8 million with the average revenue per ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
In its supplementary pre-budget submission lodged with the government the Association of Superannuation Funds of Australia (ASFA) called for the SG increase to go ahead and an expansion in the coverage of the Fair Entitlements Guarantee (FEG) scheme. ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... June 2020 quarter; this is also down 3.3% compared to the same period last year. The industry-wide rate of return (ROR) for funds with more than four members for the June 2020 quarter was 6.0% which was a partial recovery from the negative 10.3% return ...

VGI Partners profits tumble

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
... June, Douglas Tynan stepped down from his executive roles but stayed on the board and as an investor in the boutique's funds. Tynan's resignation is for personal reasons, according to VGI.

Melbourne boutique wins Crestone allocation

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
... partners. Conscious currently manages $40 million in the impact fund and $85 million in total. Crestone has about $20 billion in funds under advice. Crestone's manager lineup for other sustainable and impact strategies includes Affirmative Investment ...

Impact investing in healthcare: American Century

ANNABELLE DICKSON  |  TUESDAY, 25 AUG 2020
... health. American Century senior portfolio manager of Health Care Impact Michael Li said the investment to healthcare companies funds primary research that fills a gap in the market. "We believe companies that are truly transforming how healthcare is ...