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Showing 6091 - 6100 of 22790 results for "Funds"

ERS continues super drain

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... billion removed from Australians' retirement savings, according to the latest APRA data. Over the week to July 26, super funds made payments to 173,000 members, bringing the total number of payments to approximately 3.8 million since inception. The ...

ESG funds crowned winners of COVID-19 crisis

ALLY SELBY  |  MONDAY, 3 AUG 2020
Australasian sustainable funds attracted inflows worth more than $207 million in the second quarter of 2020, with Australian Ethical and Dimensional reaping the majority of these rewards. Morningstar's latest Global Sustainable Fund Flows report, which ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... said. The new rebate fee comes at a time when Netwealth is understood to have raised the fees for fund manager to host their funds on its platform from $7700 per fund to $10,000 in recent months. A funds management executive, who did not want to be named ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... merger of the platform providers will create the second largest independent specialised platform provider with combined funds under administration just shy of $29 billion. The target's report states the merger will improve inflows, create a more a more ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... people should not be taking the money out unless they are facing financial hardship, and therefore have the right to use the funds however they please if it helps them. "It is their money and if they believe they need it because they are facing hardship ...

Another merger at First State Super

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... First State Super and WA Super signed a memorandum of understanding and entered due diligence on March 4 this year. The funds are expected to finalise a merger by November 30. WA Super, the smaller of the two, will get low fees, greater investment options ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
... change," NEST chief investment officer Mark Fawcett said. The fund has also committed to investing a greater proportion of its funds directly in green infrastructure - it already has about $180 million invested in renewable projects across Europe. It ...

Sydney boutique expands team

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... analyst, taking its total investment team to five members. Entchev is formerly of Haybery Asset Management and Watermark Funds Management and has seven years of experience. Guha interned with Aoris before moving into the junior analyst role. "We are ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... experiment did not work out, Pinnacle Investment Management (PNI) has had a great year with Hyperion, Plato and ResCap's funds performing well amid volatility. It is also making inroads into global distribution with about $4 billion now raised from ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Trustees Superannuation Limited (ETFL). Earlier this month, Equity Trustees won the mandate for AMP Life's superannuation funds after its sale to Resolution Life. It included 340,000 members and about $7 billion and was previously under AMP-aligned trustees ...