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Showing 711 - 720 of 5518 results for "Class"

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... reduce our external cost base and optimise our operating model. We benchmark our profitability and margins against a best-in-class technology peer group and aspire to operate at that level," Russell said. Baskerville said: "In summary, it has been a ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... of the offender. CBA also updated shareholders on its current litigation and regulatory matters. It said there are seven class actions against it which are ongoing, including two shareholder class actions, two in relation to superannuation products ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... Hedged ETF ($194 million). On the flip side, the products with the highest outflows were the Magellan Global Fund (Open Class) (Managed Fund) shedding $852 million, Betashares Legg Mason Emerging Markets Fund (Managed Fund) losing $127 million, ActiveX ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... Dimensional Australian Core Equity Trust (Managed Fund), Dimensional Global Core Equity Trust (Managed Fund) - Unhedged Class, and Dimensional Global Core Equity Trust (Managed Fund) - AUD Hedged Class. These funds will now change to the Dimensional ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice ; ASIC ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
CareSuper's MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
... returns with a cash yield, a natural inflation hedge, and portfolio diversification. It first began looking at the asset class' potential in 2021. Given Campbell's global expertise, O'Neill said it was expected the group would "put in a strong bid." ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... confirmed it will retain responsibility for all inflight litigation relating to the advice business, including the ongoing class action related to commissions for advice and insurance advice. Proceedings for this case are listed for a four week trial ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
... million. Some $800 million of the outflows were related to the conversion of the Magellan Global Fund (MGF) from closed-class units to open-class units. Magellan pointed to specialist investors' purchase of closed-class units at a discount to net ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
Vision Super is closing its Property and Infrastructure options, while also removing the asset classes from one of its balanced offerings. Effective October 4, Vision Super's Property and Infrastructure options will be closed to members, with Vision ...