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Showing 7251 - 7260 of 22800 results for "Funds"

Perth adviser to face court

KANIKA SOOD  |  THURSDAY, 5 SEP 2019
... Yanchep resident, worked at Platinum Perpetual Global Private Wealth Pty Ltd. He misappropriated about $948,237 of client funds through multiple withdrawals from their accounts in July, the WAPF alleges. The adviser then transferred the stolen money ...

ANZ/OnePath worst performer again

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
ANZ/OnePath has again topped the list of worst-performing super funds, according to Stockspot's Fat Cat Funds Report for 2019. Joining them at the top this year however is AMP, which now also owns 11 fat cat funds, up from three last year. Taking out ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation funds. The panelists included Tasplan chair Naomi Edwards who has experience with many mergers, VicSuper chief executive ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...

Discounted LIC fund opens to all

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
Affluence Funds Management has opened its LIC fund, which has until now only been open to high net worth sector, to all investors. The fund is now available to all investors in Australia and New Zealand, allowing more people to invest in a suite of ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... shortcomings. APRA's update follows ASIC, which last month also announced it will make use of publicly naming institutions and super funds against which it takes action.

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
Superannuation funds have failed to solve the problems around access to financial advice, and both members and the funds themselves will suffer until they do, according to Rice Warner. The research house has struck the superannuation industry for failing ...

Boutique to launch flagship fund

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
... relationships between the Blue Orbit team and its clients. The team has spent the last 12 or so months meeting with superannuation funds and, with more than 60 years combined experience, leveraging the relationships they have to ensure a successful launch. ...

UniSuper hires from Janus Henderson

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... billion superannuation fund has hired an equities manager from Janus Henderson's Aussie equities team which shut down its funds earlier in the year and returned $490 million to investors. Paul Phillips started as a manager, equities at UniSuper in June. ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
... and Don Warner Reinhard allegedly took over $6 million from around 20 retired NFL players to invest in two private hedge funds managed by Cambridge Capital Group Advisors from October 2015 to March 2017. More than half of the retired players rolled over ...