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Showing 591 - 600 of 6808 results for "Top"

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... cannot happen again," FAAA chief executive Sarah Abood said, pointing to "deep concerns" in how the scheme is funded. The top 10 APRA-regulated financial institutions, excluding superannuation funds and health insurers, will also foot the bill. The federal ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... asset value (NAV). At the end of June, it reported a NAV of $2.27 per unit. MGF aims to achieve 9% per annum net of fees. Its top holdings include Amazon, semiconductor maker ASML, Chipotle Mexican Grill, Microsoft, and Mastercard. Magellan as a group ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... small 1.8 percentile rise in the child's rank," PC commissioner Catherine de Fontenay said. "This result places us near the top of the global rankings for income mobility between generations, alongside the Scandinavian countries." However, the report ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Financial advisers are focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
Financial advisers are helping drive the shift to passive funds as they choose exchange-traded funds (ETFs) over active, unlisted managed funds as a core building block in clients' portfolios. According to Investment Trends head of research Irene Guiamatsia ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... portfolios," Vynokur said. According to Global X, cryptocurrency ETFs, including those for Bitcoin and Ethereum, have been the top performers over the past year, driven by risk-on sentiment pushing prices higher. "Global demand for bitcoin ETFs has surged ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... increases and pressure to make a profit were challenges. Compliance burdens and constant legislative change continues to be the top challenge, according to 38% of advice practices.

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... Cbus and a $327 million Australian equities mandate from Brighter Super, totalling $3.25 billion. This made Alphinity the top manager for mandates by total value in the year to 31 March 2024, according to Rainmaker Information. IFM Investors followed ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... Compliance burdens and constant legislative change are keeping financial advisers awake at night as 38% cited regulation as their top challenge in BT's Adviser Sentiment Index 2024, remaining in the number one spot year on year. Uncertainty around the ...

Advisers encouraged to embrace AI

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... Cybersecurity remained a critical concern for financial advisers. Over one in five advisers (21%) rate security among the top three most important factors when choosing an investment platform, surpassing brand and education. The most common security ...