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Showing 641 - 650 of 10089 results for "Trust"

Most investment managers see outflows - but who captured the most?

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
Over the past year, most investment managers recorded net outflows, however, a few defied that trend in a big way, netting over $1 billion, according to Rainmaker Information. Of the 160 managers in Rainmaker's database, 90 had net outflows, with a ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
... strategies, according to analysis from Russell Investments. Russell Investments, the operator of the Russell Investments Master Trust, which manages $12 billion in assets and serves over 80,000 members across various super offerings, estimated this would ...

DASH partners with S64

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
DASH Technology Group (DASH) and S64 have announced a strategic partnership designed to enhance access to private market investments for financial advice firms and their clients. Through the partnership, Australian advisers will have access to private ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... business in areas where it can increase scale and impact, including its Platypus Asset Management business, Healthcare Property Trust and other social infrastructure investment products," Saliba said. Newmark managing director Chris Langford said the ...

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
The Association of Superannuation Funds of Australia (ASFA) and EY have released guidance to help superannuation trustees navigate key aspects of APRA's new prudential standard, CPS 230. CPS 230 will come into effect on July 1, making super trustees ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... and is set to commence in August 2025. He led Qantas Super for over nine years, until it merged with Australian Retirement Trust. The decision to merge followed a board review of Qantas Super's size, growth trajectory, and legislative and regulatory ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... 40% in 2025. During the same period, retail funds shrank from 24.5% to 22.7%. AustralianSuper and Australian Retirement Trust maintained their dominance in both AUM and membership numbers. The industry now consists of eight "mega funds," with Hostplus ...

ETF industry growth streak continues, shatters net inflow records

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
... highest net new asset gains came from the MicroSectors FANG+ 3X Leveraged ETN (US$193.2 million), Grayscale Bitcoin Mini Trust ETF (US$152.3 million), and iShares Bitcoin ETFP (US$122 million). Overall, the global ETF industry ended the month slightly ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... was subsequently charged in the following year. In sentencing the judge remarked that Valvo was "clearly in a position of trust and he broke the trust of the 12 victims for whom he was supposed to be providing financial advice and assistance". Valvo's ...