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| | | The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year. Its total assets more than doubled from $415 million in July last year to $1 billion now, while total customer base ... |
| | | | Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ... |
| | | | Perpetual has recorded a $5 billion increase in total assets under management reaching $98.3 billion in its quarterly update. International assets under management grew 2.8% to $73.6 billion, inclusive of Trillium and Barrow Hanley. It recorded net ... |
| | | | Rainmaker Information (Rainmaker), publisher of Financial Standard, this month signed a definitive agreement to be acquired by Institutional Shareholder Services (ISS), a leading provider of corporate governance and responsible investment solutions ... |
| | | | ... Pengana chief executive Russel Pillemer said since the fund's inception in 2014, it has significantly outperformed its benchmark across all time periods, having returned an average of 32.8% per annum. The fund is a concentrated, ethically screened portfolio ... |
| | | | ... reporting aims to improve transparency in the IDR system by assisting consumer decision making and allowing firms to benchmark themselves against their peers. It is also intended to assist ASIC in identifying emerging issues. ASIC is now urging financial ... |
| | | | ... the outperformance seen in the previous financial year, when the median manager fell less than the Australian equity benchmark," Mercer said. "The performance gap between the upper and lower quartile managers has narrowed compared to FY 2020. While cyclical ... |
| | | | An emerging markets fund manager is expanding its presence in Australia by appointing 3PD as its distribution partner. ValueQuest Capital, an Indian equities fund manager led by co-founders Sanjay Bakshi and Paresh Thakker, hopes to build on its current ... |
| | | | ... Genesis Fund is an Australia-domiciled fund that feeds into the strategy's UCITS fund. The underlying strategy is benchmark unaware and invests in smaller to medium-sized companies in the Asia ex Japan region, with its total universe including 13,000 ... |
| | | | ... markets stabilised and spreads tightened aggressively," Zenith said in its 2020 AFI review. Zenith said the negative benchmark returns came as government bond yields traded in a wide range and experienced volatility. Active managers had it rough in October ... |
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