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Showing 7021 - 7030 of 22796 results for "Funds"

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
APRA's executive general manager Suzanne Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... outlined its superannuation heat map at the 2019 ASFA Conference in Melbourne this morning, which focuses on underperforming funds but does not highlight strong performers. Speaking at the conference, APRA deputy chair Helen Rowell revealed how the regulator's ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
... stretch a "mile wide", Martel says. In the US for example, alternatives are disaggregating from being known as 'hedge funds,' and its definition is broadening to include private equity and infrastructure assets, he explains. Credit Suisse executive ...

Fee hike at government super fund

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
... "As of 1 January 2020 some fees will increase, however we're pleased to advise that they will remain below the industry funds average." At the same time, the income stream product will half admin fees from 30 bps per year to 15bps. The maximum fees payable ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
... bolstered by recent market trends, with inflows increasing on the back of adviser migration. "We're seeing a huge amount of funds under management migrating from the big bank platforms as financial advisers continue to leave those groups," he said. ...

Trustee firm expands into fund administration

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... Sargon is expanding its offering, with plans to launch a comprehensive administration solution for the superannuation and funds management sectors next year. The aim of the solution is to replace the existing expensive and cumbersome systems and remove ...

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government ...

Sydney boutique heads for Chi-X

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... gearing up to list three strategies as ETFs on Chi-X. Daintree Capital has partnered with distributor eInvest to list the funds. They will have three risk profiles and return targets of 0.5%, 2% and 4% p.a. above the cash rate. "With interest rates where ...

PIMCO to launch first Australian listed trust

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... head of PIMCO Australia, said: "PIMCO has a long track record of delivering for clients in our global listed closed-end funds, and we are pleased to be able to bring this expertise to the Australian market. Our discussions with advisers and brokers have ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... the fund is diversifying its membership base. "That being said, it is entering a competitive marketplace where often times funds provide insurance discounts or special deals to large employers to get new deals," he said. "The new product has lower insurance ...