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Showing 7551 - 7560 of 22800 results for "Funds"

Active managers overcharge: Research

KANIKA SOOD  |  TUESDAY, 28 MAY 2019
Most active Aussie equity funds should be charging between 35 and 65bps as a significant chunk of their returns can be attributed to factors instead of skill, according to new research by VanEck. This may come as a surprise for investors and financial ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... he will look into the concentration of union and employer group representatives on the boards of industry superannuation funds. In early January, the Productivity Commission released 26 recommendations following a three-year review into superannuation. ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... industry moved to congratulate Hume and her colleagues on their appointments today, with the Association of Superannuation Funds of Australia taking the opportunity to remind the new ministers of the Government's previous outstanding policy commitments. ...

Kapstream looks to Chi-X for active ETF

KANIKA SOOD  |  MONDAY, 27 MAY 2019
... soon. Chi-X is gearing up to list ETFs instead of just trading them. It will start its quoted fund market with fixed income funds as the initial listings. The exchange is still awaiting regulatory approval but says Schroders, eInvest (Perennial Value ...

Industry pledges Uluru statement support

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... Islander leaders who met at the foot of Uluru to sign the statement. Sunsuper and AustralianSuper were the only two super funds to sign the statement. Sunsuper chair Andrew Fraser said: "We believe supporting the statement and rightfully acknowledging ...

Former OneVue exec joins listed fund manager

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... having also served as head of group sales from 2008 to 2014. In the interim he served as head of distribution at Aurora Funds Management and also head of sales at Philo Capital Advisers. Announcing the appointment, Clime said Karrasch has good reach ...

Boutique hires distribution lead from AMP Capital

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
... sales and trading, and is a former financial adviser at Morgan Stanley Smith Barney. Ophir manages two Australian equity funds: the ASX-listed Ophir High Conviction Fund (OPH) and Ophir Opportunities Fund.

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
... can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples need $61,061 per year to live ...

Fund manager creates new investment role

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... state manager John Price has joined Eley Griffiths in the new role after 12 years building the annuity provider's managed funds and retirement products distribution teams. The role was created to spearhead investor communications and sales to wholesale ...

Super stability not guaranteed: Rice Warner

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... approaching retirement," the firm said. "Engagement and financial advice for these members is variable and sporadic, many funds would struggle to pass a sound member outcomes test in this area." The calculators many super funds offer members to project ...