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

Search Results

Showing 6391 - 6400 of 22796 results for "Funds"

ATO allows ERS access to New Zealanders

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
... Implementation document, the ATO said those with a KiwiSaver account are able to access the ERS scheme if they transfer their funds to an Australian super fund. "New Zealand KiwiSaver accounts are not eligible. However, KiwiSaver amounts transferred ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
New research predicts industry funds are no longer set to dominate the superannuation industry, as COVID-19 changes the race to the top. KPMG's latest Super Insights report shows industry super funds are no longer on track to takeover SMSFs as the biggest ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
... cited three stocks: Harvey Norman, Amcor and AGL Energy, "Harvey Norman would have passed most negative screens that RI funds use, but for us this fails our ESG analysis on fundamental governance issues," the managers said. "Amcor has significant revenue ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... by failing to maintain sufficient financial resources. "In response to the suspension order, Ausfunds raised sufficient funds to rectify its net tangible assets deficiency," ASIC said. "In light of this, ASIC revoked the AFS licence suspension on April ...

Currency-hedged ETFs gather pace

KANIKA SOOD  |  MONDAY, 18 MAY 2020
Currency-hedged funds took four of the top 10 spots in ETF inflow league tables for April, in what may suggest local investors' conviction to a change in US dollar's strength. April saw net inflows of about $1 billion into ASX-listed ETFs, taking ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
APRA has released the newest ERS statistics for the week ending May 10, revealing funds have slipped in meeting the five-day deadline. The weekly report shows 94% of funds paid applications within five business days, down from 96% the previous week. ...

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
ASX-listed Pendal Group has picked a new unit registry provider for $19 billion in funds under administration across its Australian funds. Mainstream Group Holdings'Australian business has entered a five-plus-five-year agreement with Pendal to provide ...

Powerwrap inks strategic partnership

HARRISON WORLEY  |  MONDAY, 18 MAY 2020
... Capital. The firm is new on the scene, and plans to roll out a menu of 50 real estate, private equity, private credit and hedge funds to investors. A further 50 funds are slated for inclusion on the platform within the next 12 months. The deal sees Powerwrap ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... global investment strategies to institutional clients in Australia and New Zealand, as well as five Australian Unit Trust funds to retail and advisor-directed investors in Australia.

Performance analyst jobs hold steady in COVID-19

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... performance analyst with a custodian can allow for career transitions into multiple front-office roles at superannuation funds, fund managers and investment consulting," the report reads. According to Kaizen, an entry-level performance analysts can expect ...