Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 611 - 620 of 1838 results for "Managed Fund"

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART. The researchers modelled Morningstar data for 5297 manager funds that have a track record of 10 years. They ...

ASIC extends relief to foreign financial services firms

KARREN VERGARA  |  MONDAY, 24 SEP 2018
ASIC will allow foreign companies that provide financial services to Australian wholesale clients to continue without the need of an AFSL until 30 September 2019. The corporate regulator announced in June it was proposing a modified licensing regime ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
Self-managed superannuation funds are increasingly shifting away from cash to Australian equities, latest SuperConcepts figures show. Cash and short-term deposits dropped from 19.8% to 17.3% in the 12 months to June 2018, according to SuperConcepts' ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
Self-managed superannuation funds increased allocations to international equities by 30% in the first half of 2018, as well as upped exposure to listed investment companies and trusts in a bid to reach new markets. According to the latest Commsec SMSF ...

Praemium taps Netwealth analyst for head governance role

HARRISON WORLEY  |  FRIDAY, 31 AUG 2018
A senior Netwealth investment research analyst is moving to Praemium. Damian Cilmi joins the managed accounts provider as its new head of investment managers and governance, starting his tenure on Monday, September 3. With the Praemium SMA already holding ...

Vanguard launches ESG funds

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
... entertainment. Both funds are available to investors now, but will be offered as ETFs from September. Vanguard added the managed fund options would provide investors both hedged and unhedged options. Vanguard said its new equities fund and ETF would ...

Perpetual reports $140m profit, investments business dips

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
Perpetual has delivered a net profit after tax of $140 million for the financial year, as its private wealth and corporate trust units jumped in profits and the investments business dipped. The total NPAT is up 2% over FY17. Perpetual Investments profit ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... jump in revenue, bringing in $49 million over the 12 month period. This was due in large part to the growth of its managed fund administration business, having won NAB Asset Servicing's book of clients and started transitioning the fund managers in the ...

OneVue posts solid earnings, fund services stands out

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... in FY18, up 20% on the previous year, as its managed funds administration service delivered a standout year. The managed fund administration business alone delivered $2.2 million of the year's total revenue growth of $8.2 million. OneVue won the NAB ...