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Showing 7821 - 7830 of 22800 results for "Funds"

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and is managed by co-founder Andrew Clifford. The losses ...

Dutch insto opens Australian office

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... diversified global real estate portfolio, targeting 40% of its total AUM in international assets and 60% of the domestic funds in the Netherlands. "The fast-growing Asia-Pacific markets will play a key role in achieving those ambitious growth targets," ...

Opportunities outweigh threats when it comes to SMSFs

HARRISON WORLEY  |  WEDNESDAY, 20 FEB 2019
... national conference in Melbourne this morning, a panel of industry experts discussed the role of self-managed superannuation funds in Australia's super system. SMSFA chief executive John Maroney acknowledged the difficulties faced by the sector in the ...

Prime Value recruits former super fund chief

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... after launching several alternative investment options, including enhanced cash, agriculture, infrastructure and mortgage funds. "Prime Value's product suite is wonderfully aligned to the institutional space, particularly those investors considering ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 requires superannuation funds to only offer life cover to young members and those with low balances where they have opted in to it from 1 October 2019. ...

Actuaries Institute welcomes retirement income reforms

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... the Government's action on Comprehensive Income Products for Retirement, including the requirement for all superannuation funds to offer a retirement income strategy. Acknowledging the passage of legislative changes, Actuaries Institute Retirement Strategy ...

Major shareholders defy proxy advisers: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
Superannuation funds and investment managers are increasingly voting contrary to the recommendations of proxy advisers, according to new research. The annual Link AGM Snapshot report showed a drop in the influence of proxy advisers, with super funds ...

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... banned following Commissioner Kenneth Hayne's recommendation, Netwealth said it expects some of the $189 billion in funds under administration subject to grandfathered commissions in Australia to flow in its direction. It pointed out that less than ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... organisations to focus on the viability of a fee-for-service model as there is the potential to gain first mover advantage. UCA Funds Management director of investments James Cook said while the initiatives can be applauded, it is a missed opportunity ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
... to do so. In December 2018, Justice Jacqueline Gleeson determined Westpac Securities Administration Limited (WSAL) and BT Funds Management (BTFM) had breached the Corporations Act in 2014, during two telephone campaigns in which staff recommended the ...