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Showing 6741 - 6750 of 22796 results for "Funds"

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... its efforts to discourage SMSF Auditor Number (SAN) misuse since 2017, when it started sending each SMSF auditor a list of funds claiming to be audited by their SAN. "What was interesting was only 50% of auditors responded to our 2017 mail out," Grant ...

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... the firm return to positive flows, as cash and fixed income ballooned to represent more than one third of the firm's total funds under management. "This demonstrates the strength of our capabilities beyond Australian equities," Adams said. Part of Perpetual's ...

New private credit fund to launch

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... iPartners' co-investments across cash, private credit, asset-backed debt, property, in combination with third-party alternative funds and assets," the company said. The fund will comprise of a three-person investment committee, including former managing ...

Government loves SMSFs: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... establishing SMSFs at a much younger age," Hume said. "Most importantly, it's driving competition. We're seeing some APRA funds respond to this by developing products with features that are similar to SMSFs." She said that much of the government's work ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... 12% in a submission to the Retirement Income Review. Prime Super chief executive Lachlan Baird said that while most super funds would advocate for an increase in compulsory super, he thinks they need to be "realistic." "Although the current 9.5% compulsory ...

Global index creates new ESG role

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... ESG and sustainable investment since 2008, including providing advisory research on stewardship implementation for pension funds and family office clients, drafting responsible investment policies and integrating sustainability policies into both active ...

Bennelong announces executive hires

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
Bennelong Funds Management (BFM) has announced two senior appointments in its UK and Australian businesses, including naming the new chief executive of BennBridge. In the UK Doug Stewart has been named chief executive of BennBridge, in the newly-created ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... still grow strongly in real terms," Rice said. He mentioned Hostplus' move to allow SMSFs to invest directly and said other funds are sure to see there is a market in that strategy. Cooper took a different tact, saying he wants to see a bigger focus ...

Australian ETF industry competition heats up

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... Rainmaker head of investment research John Dyall calculated the Herfindahl-Hirchman Index (HHI) for Australian ETF issuers by funds under management and 12-month revenue. The HHI is used by governments around the world to calculate how open a market ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... buoyed by proceeds from IOOF's sale of Ord Minnett business completed at September end. IOOF now has $145.7 billion in total funds under management/administration, growing 5.2% in the six months to December end. The six months brought net inflows of ...