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Showing 731 - 740 of 6727 results for "Benchmark"

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
Aviva Investors has launched a climate-change related fund that tilts towards companies transitioning to a low carbon economy. The Aviva Investors Climate Transition Global Equity Fund is benchmarked to outperform the MSCI All Countries World Index ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

S&P to buy competitor for $60bn

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
S&P Global will spend about $60 billion in stock to buy data and analytics provider IHS Markit, with the two merging by 2021 end. S&P and IHS Markit have entered a definitive merger agreement that is unanimously approved by both their boards and are ...

AMP Capital drops fees on listed property fund

KANIKA SOOD  |  FRIDAY, 27 NOV 2020
... per year. The fund has been running since December 1997 and has returned 6.81% per year which is 0.27% higher than the benchmark, for the platform class and after fees. The year ending September has been better, with 8.61% outperformance to the S&P/ASX ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... underperformance in superannuation will subject MySuper funds to an annual performance test graded against a designated benchmark. Products that fail an annual performance test must notify members. Two consecutive years of failures prohibits the super ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Zurich launches new fund

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
... six high conviction investment themes with a portfolio of 35 to 50 stocks that directly relate to them, rather than a benchmark. The investment team currently foresees the structural drivers as geopolitics, monetary policy, sustainability and technology. ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... Certificate IV in Superannuation and FNS50720 Diploma of Superannuation. The paraplanning qualification will provide a benchmark qualification to raise the level of knowledge and skills to that of the Australian Qualification Framework (AQF) level 6. ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... underperforming super funds appeared before parliament saying that it is "way too complicated" to be judged using a specific benchmark and period of time in the market. Referencing APRA's inaugural heatmap, 18 of Mercer's SmartPath lifecycle ...

AFCA pivots to member experience

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
The Australian Financial Complains Authority (AFCA) is placing a higher emphasis on member experience following an increase in its membership base, two years on from its launch. In its first two years, AFCA's membership has grown to 40,000 members across ...