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Showing 6771 - 6780 of 22796 results for "Funds"

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... members. The report presents findings from ASIC's review of a broad range of communications material from 12 superannuation funds with six million member accounts. The regulator said the funds were chosen on the basis that, because of their relatively ...

VicSuper PM jumps for industry fund

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... closely with Liza McDonald, the head of responsible investment at First State Super to share information on how the two funds can work effectively together in the RI space when we merge." VicSuper thanked Farrant for her work at the super fund. "Due ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was impeached (though later cleared) and corona ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... second half of 2019 was particularly bad, with the fund returning 1.94% over the six months when the benchmark did 6.91%. The funds under management hovered around $330 million for most of the last year. This is Pendal's second fee cut in the recent ...

Yarra chief operating officer departs

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... best for the future." Before joining Yarra in late 2016, Davidson spent a decade as chief operating officer at Victorian Funds Management Corporation.

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... One of the big changes in the industry has been and remains the growth in reliance on managed accounts. Managed accounts funds under administration grew 39% last year alone to $63 billion - outgrowing wider platform FUA growth significantly. One third ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... alternatives 23% and cash 3%. Thinking Ahead Institute co-head Marisa Hall explained that with this growth, the ways large pension funds function internally are also shifting. "Besides strong growth in assets last year, there was a noticeable pick-up ...

More engagement with custodians needed: Report

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... for a dynamic landscape," Brown said. The paper said the key industry trends include the rise of larger and more complex funds, the internalisation of investment management, higher demand for data in investment decision making, greater support for ESG ...

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... contributing to platform revenue being up 22%. Praemium's Virtual Managed Accounts Administration Service now has $10 billion in funds under administration, compared to $387 million last year. Praemium chief executive Michael Ohanessian said the rise ...

Australia's fastest growing investment managers

KANIKA SOOD  |  MONDAY, 10 FEB 2020
... year to September), Flinders Investment Partners (120% growth), Perth Mint (98% growth), VanEck Australia (64% growth), EQT Funds Management (59% growth), Aquasia (57%) and ETF Securities (55%). BetaShares has an annual growth rate of 41% over a three-year ...