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Showing 6751 - 6760 of 22796 results for "Funds"

Industry fund awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... Super follows the strategy's strong performance track record. "This strategy is an attractive solution for superannuation funds looking for enhanced market returns, while improving the sustainability profile of their portfolios," he said. The mandate ...

Netwealth gains $9.5bn, reveals expansion plans

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
Netwealth's funds under administration grew by $9.5 billion in the first half of 2020, as the platform reveals plans to expand its distribution team. Netwealth reported FUA of $28.5 billion, an increase of $9.5 billion and net inflows for 1H2020 of ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter, costs were up around 2.1% for retiree couples, compared ...

Zenith enters superannuation

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... the business is well aligned with Zenith's corporate values and ambitions. "Chant West has been serving super and pension funds, employers and financial advisers for over two decades with unbiased research, member-focused consultancy services and user-friendly ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds, and found that industry funds are "far more aggressive" with their allocations to non-traditional assets. "AustralianSuper ...

New partners at HLB Mann Judd

KANIKA SOOD  |  MONDAY, 17 FEB 2020
... and has over 13 years' experience in the areas of business advisory, taxation consulting and self-managed superannuation funds. He is a welcome addition to the partnership team." HLB Mann Judd has 85 partners in Australia, New Zealand and Fiji. It is ...

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... increase fees ahead of the PYS changes. AustralianSuper, HESTA, MTAA Super and VicSuper are amongst some of the other major funds to pass on an increased fee to members. The government reforms have divided the industry, with some seeing it as a positive ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
ASIC has cracked down on a number of auditors of self-managed super funds, which the regulator said have failed to meet their requirements. "ASIC has moved to disqualify, or suspend and/or add conditions to the registration of, a number of auditors ...

Pengana makes executive hire

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... division down under. Joy Yacoub has nabbed the role as an executive director and manager for Pengana's international equity funds division in Australia and New Zealand. Yacoub will be responsible for Pengana's International Fund, International Ethical ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... a letter to Californian Governor Gavin Newsom calling for Meng to be fired. "CalPERS CIO Yu Ben Meng has been directing funds into Chinese companies like Hikvision that make equipment used to oppress #Uighurs. Seems he has ties to the #CCP. Sent a letter ...