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Showing 6031 - 6040 of 22790 results for "Funds"

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... risks taken to achieve those returns. "The volatility already shown in 2020 shows the importance of understanding how super funds manage the risks inherent in investing." Rainmaker found there to be a near-zero correlation between returns and volatility ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... January 1 next year, Sunsuper will close its Capital Guaranteed Investment option. It will also change the name of its Hedge Funds and Alternatives Strategies asset class to simply Alternative Strategies from 1 October 2020. Elsewhere, the definition ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
Kogan's super offering launched last year has seen a 40% rise in funds under management, according to the online retailer's financial results. Kogan said in its results that the launch of its superannuation offering had been successful. Kogan Super ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James Mawhinney's efforts to raise funds through Australian Property Bonds were designed so money from that product could be used to make relevant payments to investors ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
The two industry funds have signed a memorandum of understanding and will begin due diligence to explore a merger that could create a $21.5 billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... his investment decisions. "I think it's very dangerous to use one metric to determine how you are going to invest your funds; I haven't heard of anyone who has been a successful long-term investor by taking direction from the CAPE ratio," he ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... FY20, as it posts $10.5 million in statutory net profit after tax for the year. Net profit for the group - which includes funds management, financial planning, corporate and platform administration - was mostly flat, rising only about 1% from FY19's ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... removed from retirement savings since the scheme's inception. Over the week to August 9, 88,000 applications were received by funds of which 44,000 were initial applications and 44,000 were repeat applications. This brought the total number of initial ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
... itself entered into a contract of sale to buy the land from another person, ASIC alleged. "This conduct put substantial funds at risk for investors who were not afforded the protections of a lawfully registered scheme," ASIC deputy chair Daniel Crennan ...

K2 Asset Management reports loss

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... returning the firm to profitability is the priority and recent tie ups will be fundamental drivers for growth. All five of K2's funds had negative absolute returns for FY20, ranging from -5.3% for the K2 Asian Absolute Return Fund to -12.7% for the K2 ...