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Showing 6311 - 6320 of 22796 results for "Funds"

Iress opens retail capital raise

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... efficiency, compliance and growth," he said. "The combination of OneVue's strength and position in administration of managed funds, superannuation, and investments, with Iress' strength in software and data will drive innovation through technology. ...

No slowing ERS applications

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... the Australian Tax Office (ATO) and 95% have been made within five business days. Over the week to May 31, superannuation funds made payments to 177,000 members, bringing the total number of payments to 1.8 million. The total value of payments during ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
Within the next decade, the number of superannuation funds serving Australians will drop by 60%, according to a new KPMG report. New KPMG research shows the 217 APRA-regulated superannuation funds will shrink to 138 within the next five years, with ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... super sector was smashed to the tune of $207.9 billion during the March quarter, as the total unconsolidated assets of super funds took a 6.9% tumble as COVID-19 smash financial markets. Now standing at $2.82 billion, the industry had crossed the $3 ...

Government announces fresh crackdowns on foreign investments

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... from foreign governments where they partner with private capital. "There is trillions of dollars being invested by such funds, where foreign governments through their entities are partnering with private capital," Frydenberg said. "Where those investments ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... outflows during the period. BlackRock recently added two new ETFs to its fixed income lineup, taking the total to eight funds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate ...

Global manager shuts fund

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... Sustainable Equity Fund," a spokesperson for AXA IM in Australia said. In a recent report from Morningstar, two ethical-themed funds - AXA IM Sustainable Equity and AMP Capital Ethical Leaders International Share - missed out on the low carbon designation ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... and corporate governance of Keybridge directors. It also noted that it was concerned about the use of Keybridge Capital funds on the proceedings. "As a shareholder of KBC and with reference to its unconditional all cash offer of 6.9 cents to acquire ...

Global ETF leaders push for reform

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... pushed for a new taxonomy for ETPs. The "industry coalition" proposed ETPs be separated into four categories; exchange-traded funds (ETFs), exchange-traded notes (ETNs), exchange-traded commodities (ETCs) and exchange-traded instruments (ETIs). In a ...