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

Search Results

Showing 7361 - 7370 of 22800 results for "Funds"

UniSuper advice offering surges

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... Demand for UniSuper's specialist advice offering has nearly quadrupled in the last five years, peaking at $13 billion in funds under advice at the end of June 2019. The $80 billion superannuation fund recently opened a member centre in Adelaide ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... Plus Fund covering financials, food and retail. She worked as a consultant with Boston Consulting Group before starting in funds management. The top 30 female fund managers were chosen from Citywire's database of 16,000 fund managers across all asset ...

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation funds has increasingly looked to attract overseas investors and about ...

Boutique fund manager names chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JUL 2019
... the United States before returning to Australia as head of strategy, business development and communications for Macquarie Funds Group - a role she held for three years to 2013. Commenting on her new role, Rahmani said: "I have a very high regard for ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... the superannuation guarantee, according to latest polling. Latest research from the peak body for industry superannuation funds, Industry Super Australia, shows Australians broadly disagree with the agitations of government backbenchers to freeze the ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... from the previous quarter. Its banking and financial service business saw total deposits down 1% at $53.1 billion - its funds on platform grew by 3% to $88.8 billion. Also announced at the meeting, Macquarie co-head of corporate asset finance and executive ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... firm recorded its "best quarter of inflows" in the three months to June 2019 compared to the prior corresponding period. Funds under management across financial advice, investment management, and portfolio and estate administration businesses reached ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... market making mechanisms. ETF assets crossed $50 billion in Australia this month and most of this money is held in passive funds. Active products command less than $4 billion and many big players such as BlackRock and State Street have stayed out of ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... payment was successful, and non-payment fees were charged when a periodical payment could not be made due to insufficient funds in the customer's account," ASIC said. During the 2003-2016 period the transaction fee for periodical payments varied between ...

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... the 12-month period. Small caps IPOs raising less than $100 million. A report from International Forum of Sovereign Wealth Funds (IFSWF) said sovereign wealth funds cooled on IPOs in 2018 as public markets offered up fewer IPOs and warmed up to private ...