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Showing 741 - 750 of 8321 results for "retail"

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... pre-disability income until their cover expires or through to age 65. Clearview Life is now prohibited from engaging in retail product distribution and providing general advice for the income protection products to new customers. The orders are valid ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... application for its Bitcoin ETF with the ASX. The Monochrome Bitcoin ETF (IBTC) will be an exchange-traded fund that will offer retail investors direct and regulated exposure to Bitcoin. The fund will be backed by a network of service providers, including ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... its office portfolio valuation in the last six months by -3.7% while its long weighted average lease expiry (WALE) for retail assets dropped by -7.8%. Conversely, industrial funds continue to be standout performers, with a total return of 6% year on ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... investment and fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity Fund and the ALC Active International ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... June 2022 quarter," Rainmaker said. By analysing the monthly net funds flow you could tell the funds flows were not from retail investors or people operating under the advice of a financial planner, Rainmaker Information head of investment research John ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... insurance services sectors neared the bottom of the list at 2.3%, not far behind accommodation and food services at 0.5% and retail trade at 0.1%. The mining industry (-2.8%) experienced the steepest decline in real output and productivity for the second ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... FUM share for 2032 is 33%, while ART sits at 31%, Aware Super at 60%, PSS at 37%, Hostplus at 20% and UniSuper at 44%. Retail funds CFS FirstChoice, BT Super and MLC Super are predicted to represent 60%, 35%, and 23% of retiree FUM respectively. "The ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... greater demand for ETFs, are transforming the competitive landscape. However, the report also warns that tapping into the retail market brings a new set of risks, expectations, and operational challenges. The urgency to get the customer proposition right ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... certain milestones. Challenger's real estate funds management business has about $3.4 billion in assets across the retail, industrial and office sectors. Elanor now has $6.4 billion in assets under management post-transaction. Upon announcing its ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... comes into force on July 31. The mandate for all firms the FCA regulates is to essentially act to deliver good outcomes for retail customers; act in good faith, avoid foreseeable harm, and support customers to pursue financial objectives. As the cost-of-living ...