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Showing 6701 - 6710 of 22796 results for "Funds"

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... long-term cost and performance benefits to members. At December end, the unlisted infrastructure option had $3 million in funds under management, according to Rainmaker data. Media Super said the decision to eliminate the product came despite strong ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... over five years to December end. Of this, 8.9% is gross annualised income. Its usual investor base includes superannuation funds, charitable foundations, sovereign wealth funds and offshore pension funds. The new wholesale vehicle, the Palisade's Unlisted ...

JBWere partners with cash platform

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... the client money. The two are currently in the process of a technology implementation program. JBWere had $52.3 billion in funds under advice and $28.2 billion in funds under management at March, 2018. The partnership extends Cashwerkz's footprint ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... remains dramatically disadvantaged. According to Morningstar's latest report on Women in Investing, gender diversity in funds management hasn't changed over the past two decades. "When it comes to gender diversity, the global fund industry looks much ...

Mid and small-caps outperform in 2019

ALLY SELBY  |  TUESDAY, 3 MAR 2020
S&P Dow Jones Indices has released its annual SPIVA Australia Scorecard; a report measuring the performance of active funds against their respective benchmark indices - and mid and small-caps have come out on top. Surveying returns from 829 Australian ...

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
Financial advice industry groups are being joined by superannuation funds in a fight to retain the ability to charge advice fees to MySuper members as the government implements recommendations from the Royal Commission. Draft legislation currently open ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... face unintended hurdles in the claim process," the fund said. Cbus is home to more than 761,000 members and $52 billion in funds under management. In December 2019, Cbus said half of all its members have less than $27,000 in their account.

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... curate their own investment portfolios, investing their superannuation in ASX listed shares and more than 150 wholesale funds. It merged with AMG Super in November 2018. In December, TAL was cut as group insurer for TelstraSuper after 13 years.

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... Corporate Trust is strategically aligned to Sargon's mission to enable institutions and entrepreneurs to build better funds and financial products. Powered by Sargon's powerful combination of modern technology, financial licenses and industry ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... investments in fossil fuels and illegal weapons, with the changes coming into action by June 2021. Default providers are funds allocated to people who do not choose a fund when they join KiwiSaver. Commerce and Consumer Affairs Minister Kris Faafoi said ...