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Showing 6131 - 6140 of 22790 results for "Funds"

J.P. Morgan wins custody mandate

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... custodian for Local Government Super, extended its partnership with Neuberger Berman but lost the custodian contract for Funds SA to Northern Trust after a tender process. Read more about how the custody landscape in Australia will change as superannuation ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC. The regulator published the FAQs to provide ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The $28.4 billion investment manager will slash fees on nine of its fixed income funds and investment offerings, effective from October this year. Perpetual Investments general manager global distribution Adam Quaife said the management fee reduction ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Neuberger Berman has had two of its global strategy funds added to both HUB24 and Netwealth platforms. The Neuberger Berman Emerging Markets Equity Select Fund and Neuberger Berman Strategic Income Fund were launched in Australia 12 months ago, with ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... $132 million was raised. "I cannot remember the last time this level of capital raising was so low. This time last year the funds raised was $820 million and that was considered a soft year. The previous year was $2.5 billion so this is a very quiet ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... fourth largest with over $6 billion. However, BetaShares remains the dominant player in the ESG ETP space, with 73% of the funds under management, 71% of 12 month net funds flow and 72% of the 12 months revenue. In the last three years, the ESG ETP market ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... leaders about the urgent need to set long-term emission reduction targets. "By getting the policy settings right, super funds like HESTA would have significant appetite to invest more in renewable infrastructure in Australia." In the submission, HESTA ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... announced plans to launch a US share trading platform Dabble, giving investors access to over 3000 stocks and exchange traded funds (ETFs). Xinja claims Dabble will make names like Tesla, Facebook, Google and Amazon accessible and affordable to all investors ...

HUB24 wins out over Netwealth: Ord Minnett

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... but Netwealth is overvalued while HUB24 offers a superior growth rate, says Ord Minnett. HUB24 had $17.2 billion of total funds under administration for FY20 while Netwealth had $31.5 billion. Both finished FY20 with strong flows. "HUB24's valuation ...