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Showing 601 - 610 of 820 results for "Retail fund"

Challenger buoyed by annuities, boutiques

JOHN MCDULING  |  TUESDAY, 19 OCT 2010
The guaranteed income streams provided by annuities continue to prove popular with Australian retirees post GFC, with Challenger Financial Services posting another record quarter for its annuities' business. In figures released yesterday, Challenger ...

Lower fees or lose advantage: ACTU

RUTH LIEW  |  MONDAY, 18 OCT 2010
... started investing in alternative asset classes, hired extra staff and rolled out advertising campaigns. By contrast, retail fund fees have stayed fairly stable and slightly decreased from 2.09 per cent this year, versus 2.12 per cent in 2004, according ...

Assets that thrive under pressure

ELISE BURGESS  |  FRIDAY, 15 OCT 2010
Fixed interest, hedge funds and indexed investments were the top three asset classes based on growth in funds under management (FUM), according to Rainmaker research. Figures show that these three asset classes grew their FUM between June 2007 and June ...

Super segmentation comes of age

ELISE BURGESS  |  THURSDAY, 16 SEP 2010
Age is nothing but a number, even in super, with one researcher ambitiously setting up a new template to segment fund members beyond the usual Gen X, Gen Y and Baby Boomer divide. The 2010 Ultimate Superannuation Marketing Metrics study, conducted by ...

Club Plus Super offers planning, opens fund

JOHN MCDULING  |  THURSDAY, 16 SEP 2010
... professional and personal services to members. Club Plus Super is now providing the same level of financial advice as our retail fund counterparts - but we are doing it in own way," continued Cahill. The $1.3 billion fund, which is currently limited ...

APRA post super assets at $1.23tr

ELISE BURGESS  |  FRIDAY, 10 SEP 2010
Superannuation assets fell by $31.3 billion for the June quarter, according to APRA's latest Quarterly Superannuation Performance report. Total assets declined by 2.5 per cent ($31.3 billion) during the June quarter while performance rate of super assets ...

Fiducian posts profits, eyes acquisitions

ELISE BURGESS  |  TUESDAY, 31 AUG 2010
Fiducian Portfolio Services has posted a 25 per cent rise in net profit after tax to $4.11 million, with assets under administration improving to $1.14 billion. The group, which has zero debt on its balance sheet, reported solid increases across its ...

Abacus funds head exits

MEDIA RELEASE  |  MONDAY, 30 AUG 2010
Tom Hardwick, the director of funds management at Abacus Property Group, has resigned to concentrate on his personal investments in childcare. According to an ASX statement from last week, Hardwick resigned and Abacus Property Group head of strategy ...

Grant Samuel hires IML head of retail

COMPANY RELEASE  |  TUESDAY, 17 AUG 2010
Mark Folpp, former head of retail distribution at Investors Mutual, joins Grant Samuel Funds Management to help build the group's retail presence in NSW, ACT and Queensland. Folpp joins GSFM's business development team as senior business development ...

Trustees warned as APRA toughens guidances

ALEX DUNNIN  |  WEDNESDAY, 11 AUG 2010
With the ink hardly dry on the Cooper Report's recommendations for a Trustee Code of Practice, the prudential regulator APRA has released revised trustee guidances on capital structures, risk management, resources adequacy and trustee fitness. Following ...