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Showing 661 - 670 of 1190 results for "NAV"

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
The Financial Adviser Standards and Ethics Authority is using its Code of Ethics to re-write the law rather than providing genuine guidance to financial advisers, the industry association believes. According to the Association of Financial Advisers ...

AMP dealer group head departs

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
The managing director of an AMP-aligned dealer group is exiting the business to take on a new role. Hillross Financial Services managing director Dean Thomas will take on the role of chief advice officer at Mortgage Choice. His appointment follows the ...

Retired Aussies make financial decisions alone

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
New research shows Australian retirees are not only making financial decisions without professional advice, but in many cases also without the input of their life partners. According to the latest research of global asset manager Franklin Templeton ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
With interest rates at record lows, Fidelity International believes investing in emerging markets may be the saving grace for many investors feeling the pinch. Speaking at the Fidelity Emerging Markets Adviser Forum in Sydney, Fidelity's cross asset ...

Boutique launches global equities fund

KANIKA SOOD  |  TUESDAY, 5 NOV 2019
A boutique founded by former Goldman Sachs equities investors is launching a new global equities fund. Auscap Asset Management was co-founded in 2012 by Tim Carleton and Matthew Parker who were both executive directors at Goldman Sachs, responsible ...

Superannuation gets a classroom

ELIZABETH MCARTHUR  |  TUESDAY, 22 OCT 2019
A physical space has been created for superannuation education by a $9.7 billion industry fund. Statewide Super has created the SuperHub, a centre dedicated to superannuation education and open to everyone - not just Statewide members. The centre opened ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
Australia's sovereign wealth fund returned 1.9% in the three months to September, taking its ten-year return from 10.4% per annum at end of last quarter to 10%. The fund's assets under management grew by $3.1 billion in the quarter. Asset allocation ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
Neuberger Berman has launched an actively managed, income fund in Australia. The global asset manager has launched the Neuberger Berman Strategic Income Fund in Australia, which is designed to offer investors access to a "diversified mix of fixed income ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... Trust. Link Fund Solutions recently reduced the valuation of the Woodford Patient Capital Trust, by 4 pence per share of the NAV. Link does not expect the suspension of the Woodford Equity Income Fund to end until at least December this year. Link is ...