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Showing 6231 - 6240 of 22796 results for "Funds"

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... members of $110 million, or 1.4% of estimated total MySuper fees and costs paid. That said, 3.8 million members saw their funds increase fees over the period by an average of $24 per annum. Those funds that were found to be charging relatively high fees ...

Chi-X admits new participant

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... investors. We look forward to working together to deliver an enhanced offering." Nine Mile will support Chi-X TaCRs and funds. "As a relatively new player in the market maker space, which has traditionally been dominated by major global financial institutions ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... the spokesperson said. "Through it, investors have a clear incentive to consider long-term wealth creation through managed funds at wholesale rates and Vanguard Australia's listed ETFs brokerage free. The website has been designed to assist investors ...

ERS figures hit $17 billion

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... billion had been paid out in ERS applications. In total, 2.4 million applications have now been received and 2.3 million paid. Funds are managing to make 95% of payments within the five business day timeline. Over the week to 21 June, superannuation ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... the compulsory superannuation system, according to new research. The latest report from the Association of Superannuation Funds of Australia (ASFA) estimates compulsory super has added $500 billion to Australian households' savings that they would otherwise ...

No rating cut for VGI funds as Tynan leaves

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Sydney boutique VGI Partners' funds have held on to their ratings from Zenith after partner and head of research Douglas Tynan resigned last week. Tynan resigned from his executive role but will stay on as a non-executive director, investor and ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... Management has launched a multi-boutique, aiming to partner with investment managers looking for distribution support. Mantis Funds, led by Timothy Cheung as chief executive, picked up Dalton Street Capital as its first client when the latter's old ...

OneVue scores admin mandate

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Amid the Sargon kerfuffle and an acquisition bid, OneVue has managed to snag its single biggest client in its managed funds administration business. Australian Unity Wealth & Capital Markets (AUWCM) has signed a five-year outsourced managed fund administration ...

IFM Investors equities co-head departs

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... co-head of listed equities has left after eight years with the business. Neil Carter is leaving to pursue interest outside of funds management, an IFM spokesperson said. IFM, which is best known for its unlisted infrastructure and debt teams, also manages ...

McMillan Shakespeare restructures operations

ALLY SELBY  |  MONDAY, 29 JUN 2020
... transaction is completed, the company will own 100% of the disability support provider. Since the end of the year, client funds administered by Plan Partners has increased by approximately 50%. McMillan Shakespeare also expects a $30-35 million hit to ...