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Showing 761 - 770 of 4674 results for "Andrew"

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
The Australian Council of Superannuation Investors (ACSI) has disclosed the highest paid ASX 200 chief executives based on realised pay, which includes the value of cash and equity received. ResMed chief executive Mick Farrell topped the list with a ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
VanEck has cut the management fee for its Bitcoin ETF (ASX: VBTC) to 0.49% per annum, just days after Monochrome Asset Management made a change. The ETF provider said the decision followed more than $18 million flowing into the fund since its launch ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Dixon's parent company E&P Financial Group settled the recent Shine Lawyers-led class action for $16 million. Senator Andrew Bragg has been highly critical of how ASIC has handled the Dixon matter. In 2021, ASIC settled to fine Dixon of $7.2 million ...

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
The relationship between assets under management (AUM) and revenue growth has broken down as fund buyers - both retail and institutional - increasingly embrace lower-fee index funds. This comes as interest in more expensive active strategies appears ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
Global X will launch an Australian Bank Credit ETF (ASX: BANK) later this month, affording investors exposure to credit in the local banking sector. The ETF will track the performance of the Solactive Australian Bank Credit Index and will be Australia's ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... strong USD. However, the bounce back of 4.2% offset the loss from 2022. UBS Wealth Management Australia managing director Andrew McAuley said that while wealth grew in 2023, the growth was slower than previous years. "In the period 2008 to 2023, average ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... impressive - it was only a decade ago that FUM was below $10 billion," ASX general manager and investment products and strategy Andrew Campion said. The exchange's 2023 Australian Investor Study showed 1.5 million out of the 7.7 million investors hold ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The government will inject an additional $6.3 million to curb the rapid withdrawal of banking services in the Pacific. The funding includes $2.9 million to the World Bank for developing digital identity infrastructure across Pacific Island countries ...