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Showing 6491 - 6500 of 22796 results for "Funds"

Boutique manager taps former Challenger executive

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... its new chief risk officer. Swan joins the manager from Challenger, having served as senior risk and compliance manager, funds management since 2017. In a joint statement, Darling macro co chief investment officers Mark Beardow and Greg Burke said they ...

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... super was approved by the ATO over the course of three days. Frydenberg said the average withdrawal was $8000 and the super funds will now begin to release the money. "Those applications are now with the superannuation funds for their payment over the ...

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... protocols are also an issue for custodians. Insights from law firm Allens Linklaters on the impact of COVID-19 on investment funds found: "A custodian that is usually able to carry out an instruction to sign an agreement may be less able to do so when ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
... information." Although passive strategies had performed well over the last few years, in volatile periods they suffer, Bennelong Funds Management research relationships director Stuart Fechner said. "A passive index investment strategy has no levers ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy $94 million of crude oil ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
When the COVID-19 crash hit markets, super funds copped a massive blow, but why they were all invested in such a similar way is an issue that still needs addressing. The superannuation industry had been under increasing pressure to perform, at the very ...

Few redundancies but pay cuts abound: Recruiter

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... small businesses has created a lot of work for these firms, requiring additional administrative support. Industry super funds too have largely avoided cuts, with Gordon seeing just one industry fund asking employees to take pay cuts. Of course, with ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
New customer satisfaction data shows members' opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... were down between 6.26% (MSCI AC Asia Ex Japan NR AUD) and 13.09% (MSCI Europe NR AUD). Consequently, all global equities funds analysed posted negative returns for the quarter but returns ranged from -0.58% for the best performer to -27.07% for the ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... this time last year, which it said was largely thanks to its flagship wealth platform, North, which took on $400 million in funds from external financial advisers. AMP Capital saw its average assets under management for the quarter increase by about ...