Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 691 - 700 of 1190 results for "NAV"

New Perennial small caps active ETF

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
... it also provides the tools to make a social impact without compromising on returns." The fee is 0.89% per annum of fund's NAV in investment management fee plus expense recoveries of up to 0.10% plus performance fee of 20% of the fund's net return in ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
Financial advisers and their clients now have an alternative to the traditional self-managed superannuation fund, with Sargon partnering with an $11.5 billion platform to launch a small APRA fund. Sargon has partnered with HUB24 to provide advisers ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
The sovereign wealth fund has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... expects the LIT to trade on the ASX on 17 June 2019. In terms of costs, management fees sit at 1.50% per annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs. ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
Sargon has been appointed trustee of a new superannuation fund offered by a specialist insurance company. Sargon will act as trustee for the PPS Mutual Super Fund, which has been designed to enable PPS Mutual to offer a "complete" life insurance solution ...

Aussie blockchain investor goes global

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
Australian digital assets investment firm TCM Global Asset Management (formerly Token Capital Management) is making its first international foray. TCM is chaired by former ANZ managing director of global markets, Steve Bellotti, and its chief executive ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg outlined in the Budget that part of the Protecting Your Super Package has been delayed but flagged it will pass into law before the end of 2019. A new law to enable superannuation fund members with a balance less than ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining ...

Managed accounts provider hires executive

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
A former general manager of MLC's platform business is joining an ASX-listed managed accounts provider. Bruce Hawkins joins Managed Accounts Holdings (managedaccounts.com.au or MGP) as chief financial officer. Melbourne-based Hawkins was most recently ...