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Showing 7271 - 7280 of 22800 results for "Funds"

AustralianSuper hires from VFMC

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
The $169 billion superannuation fund has hired a former Victorian Funds Management Corporation chief investment officer in a senior investment role on its equities team. Justin Pascoe has joined the industry fund as a senior portfolio manager, equities ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... wealth division's products, cost structure, scalability and financial performance underwent a review. "In particular, funds under management did not meet management's expectations. Ongoing negative sentiment surrounding the Royal Commission into ...

Client ethics the future of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... Free Portfolios, explained that when she first started working in the ethical investing space, banks and superannuation funds would often argue they had to be neutral and it wasn't right for them to take ethical stances one way or another. But, due to ...

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... Services announced its flagship fund, the Global Ethical Fund, has outperformed Australia's other Islamic investment funds during FY19. It achieved gross returns of 6.82% per annum, while Crescent Wealth generated 4.56% per annum. The Sharia-compliant ...

Whitehelm launches infrastructure fund locally

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
... portfolio". "The fund also offers greater risk diversification and a lower correlation to broad equity markets than most peer funds, with a low 0.6 beta to global stocks markets, and a high degree of drawdown protection," Tonkin said. "All of these factors ...

Members still lack group insurance awareness: MetLife

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Superannuation members still do not realise they are entitled to life insurance via their super funds despite concerted effort to raise awareness, new research finds. MetLife's latest Insurance inside super report found 73% of Australians are aware ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Retail superannuation funds copped a battering of outflows as latest APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

It's time for super to move on: Combet

HARRISON WORLEY  |  WEDNESDAY, 28 AUG 2019
... delegates, the ISA chair said industry super's peak body was "quite rightly" proud of the performance of its member funds. "I don't want to shove that down everyone's throat, but that's a valid fact," Combet said. "Let's think about ...

Super funds hungry for offshore assets: NAB

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
Nearly three in four superannuation funds will look to unlisted, offshore assets in search of superior returns over the next two years and they are willing to take on more currency exposure risk in the process. This is according to NAB's Superannuation ...