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Showing 51 - 60 of 444 results for "Mainstream"

Lifecycle now MySuper mainstream: Rainmaker

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up. This is one of Rainmaker Information's latest ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
After a lengthy bidding war, Mainstream shareholders have voted in favour of the proposed acquisition by Apex Group. Apex will acquire 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million. Almost 99% of Mainstream shareholders ...

Australian Ethical makes strategic investment

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... sustainable and ethical investment opportunities, but we're also seeing them bring these principles to the boardrooms of mainstream corporations they invest in, helping drive operational targets, reporting, and even executive remuneration tied to achievement ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... distribution officer Martin Morris said when managed accounts first came to market it was fairly niche but now it is much more mainstream. "It really was groups looking to run their own managed accounts and there was a focus on dealer groups setting ...

Swell AM launches retail trust

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
... invests in a concentrated portfolio of around 15 companies. Perpetual has been appointed as responsible entity and Mainstream Group as fund administrator. Swell chief investment officer Lachlan Hughes said after six years of managing money exclusively ...

Aussie neobank partners with crypto exchange

ELIZABETH MCARTHUR  |  MONDAY, 6 SEP 2021
... demonstrates that we are progressing in the right direction of a financially inclusive future where crypto sits alongside mainstream finance."

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... side, which covers the inflows that we're seeing. People are moving their money within their own super fund from a mainstream option into responsible options, and also moving between investment managers." The report noted that overall, funds with leading ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

Apex expands APAC team

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... we grow our locally delivered financial services offering." The appointments come after Apex won the bidding war for Mainstream with an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million, up from SS&C's latest ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... accounts had steadily crept up since 2012, and COVID-19 acted as an accelerant. Managed accounts are fast becoming a mainstream solution for Australian financial advisers," Guiamatsia said. In addition, through the market volatility in 2020 88% of advisers ...