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Showing 611 - 620 of 6208 results for "SIX"

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... representative of Wealthsure and Capstone Financial Planning, will now be able to re-enter the financial services industry after six years instead of 10 years as handed down by ASIC in 2022. Babbage also worked as a broker and operated Babbage Finance ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... of insurers are adopting a cautious investment approach, signalling their intent to decrease exposure to risk in the coming six months. Janus Henderson, in collaboration with Investment Trends, released its 2023 Insurance Asset Management Report, which ...

AMP North incorporates DNR Capital, Morningstar managed portfolios

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... continue our strong partnership with them." Complimenting this addition, AMP North has expanded its managed portfolio range with six new offerings from Morningstar's Medalist Core series, encompassing a mix of managed funds and ETFs. Morningstar's portfolios ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... allocation (SAA) range of global fixed interest (hedged), reducing it to accommodate the new asset class, which has a SAA range of six-12% Notably, the adjustment to the SAA isn't anticipated to lead to any increase in investment fees, costs, transaction ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Mirova, an affiliate of Natixis Investment Managers, aims to secure support from super funds, potentially reaching billions, to launch its sixth strategy focused on energy transition infrastructure. The global asset manager intends to raise approximately ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... they were found to be entitled," ASIC said. In the year to June 2023, TelstraSuper received only 33 AFCA complaints. Only six cases were resolved in favour of the super fund. ASIC deputy chair Sarah Court said: "ASIC expects the financial services industry ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business' total local assets under management (AUM). The fee cuts, relating to four domestic sector ...

Munro Partners launches new fund

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
... Qiao, manage the strategy and investment team, will be a real advantage." Ma joined Munro Partners in February, after close to six years working at Melbourne-based investment firm Cooper Investors. Before that, Ma served as Jericho Capital Asset Management's ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
... Capital. Earlier, he was chief executive and portfolio manager of Hastings Funds Management's infrastructure fund for six years before heading up the organisation's Australian mandates business platform. Other roles include manager of infrastructure ...

High-performing firms reveal strategies behind success

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
... service twice as many clients than others. Firms that documented and reviewed their three to five years strategic plan every six months and have a well-defined succession plan were also markers of high performers. Such firms have invested the time to ...