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Showing 6471 - 6480 of 22796 results for "Funds"

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... officeholders. "The market will be updated once we receive formal notification from the voluntary administrator [EY] of the funds to be paid to OneVue from the proceeds of the sale of the Sargon operating businesses." "OneVue is also actively assessing ...

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
Investors redeemed over $3.8 billion from local managed funds in April, in the largest monthly net outflows on record, according to Calastone. So far, November 2018 has been the only month with material net outflows in Australia as investors responded ...

Australians hate complexity, not annuities: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... Business School senior research fellow Teagan Altschwager said. "When we talked to financial advisers and people from super funds and government about annuities, most of them said they thought customers don't like them or understand them, leading ...

ATO to determine duplicate ERS applications

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2020
The Australian Taxation Office said it will determine if a person has made a duplicate application, telling funds to follow its determination. In an update to the ATO's ERS design and implementation document, the ATO said while the application process ...

ESG investing now mainstream: deVere

ALLY SELBY  |  TUESDAY, 28 APR 2020
... rebound to pre-crisis levels in the short-term, have also helped to drive interest in ESG investments. "This is because ESG funds circumnavigate oil stocks, so their performance will not be adversely impacted by the fall in share prices," Green explained. ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
Australia has received a below average grade from Morningstar for the regulatory and tax frameworks that its managed funds face. As part of its biannual Global Investor Experience report, the research house assessed the experiences of mutual fund investors ...

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... billion for institutional investors in mandates in the same strategy. mFunds is the ASX's marketplace for unlisted managed funds, allowing investors and advisers to buy and sell units in managed fund via a broker on the mFund settlement service. ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... would remain diversified even in the worst case. "Our internal data team used a conservative number of approximately 5% of funds under management needing to be paid out of the fund, whereas our stress case uses 10%," Statewide said. "On that higher number ...

Former CFSGAM executive joins industry fund

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... was the genuine passion he showed in our discussions for taking advantage of the unique opportunities available to smaller funds to identify and capitalise on innovative and niche investment approaches in ways larger funds can't that set him apar ...