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Showing 611 - 620 of 10357 results for "Close"

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... least somewhat likely to seek financial advice, Fidelity said. Although most said they would seek help from family members, close to two in five said they would consider using an adviser. Fidelity International head of wholesale, Australia Lauren Jackson ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
Members increasingly demand superannuation funds to provide ethical investment options, particularly retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

Super fund growth: The winners and losers

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
AustralianSuper has kept its position as the fastest growing super fund by net asset growth, adding $43 billion into its coffers in FY2024. Australian Retirement Trust (ART) followed closely, according to the Conexus Institute's State of Super 2025 ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... Bank of Australia (RBA) monitors how Australia will be impacted by the hit to global growth. "All up, [the] announcement is close to a worst-case scenario and the odds of a US/global recession have clearly increased. Much will turn on whether [the] announcements ...

New gig for Challenger's ESG specialist

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Challenger Ltd has confirmed the appointment of Charlotte O'Meara as the head of responsible investment. The annuity provider said O'Meara is tasked with leading the ESG framework across the investment teams at Challenger, helping the life and ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025
... Frankfurt Public Prosecutor's Office lasted longer. First lodged in 2021, the case accused DWS of greenwashing over a period of close to three years, with prosecutors saying that investors were misled between mid-2020 to the end of January 2023 by claims ...