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Showing 6551 - 6560 of 22796 results for "Funds"

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ...

NFP super fund performance revealed

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... 30% in March, Rainmaker analysis shows the investments returns for 15 of Australia's leading not-for-profit superannuation funds weren't nearly as bad. Latest analysis from Rainmaker shows the average investment return for 15 of Australia's not-for-profit ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... the ban through the Administrative Appeal Tribunal. Gibbs' offences saw the former adviser use around $5 million of client funds to prop up his own business, pay off his credit card debts and gamble. His clients trusted him with the operation of their ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
This morning, GPT Group told investors in two wholesale funds of downward revisions to the book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in ...

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... Wednesday 25 March, also witnessed their purchase of semi-government bonds in scale." For Janus Henderson's fixed interest funds, Sivapalan said the firm had found profit by adding a significant amount of duration for both its Tactical Income and Australian ...

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... months for members with a $100,000 balance. FairVine Super executive chair Sangeeta Venkatesan said she was hopeful other funds would soon follow suit and do the same for their members. "There is a lot of uncertainty right now, particularly when it comes ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ...

BetaShares swaps out unlisted fund

KANIKA SOOD  |  MONDAY, 6 APR 2020
... up their investments," he said. BetaShares, which is better recognised as a fast-growing ETF issuer, has had an unlisted funds management business for institutional investors for about five years. Its unlisted funds lineup includes about a dozen strategies ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... Financial Standard. It comes just weeks after the fund pushed back the deadline for its planned merger with MTAA Super. The two funds were originally scheduled to merge on October 1 this year, but have now extended the deadline to finalise the deal until ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to ...