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Showing 771 - 780 of 8386 results for "OPT"

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
New research from AMP has revealed Australians' attitudes to intergenerational wealth. The research found half of those under 40 believe they will need to support their parents financially as they age, with children and their parents reluctant to ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Lanyon has announced the Lanyon Investment Fund will commence trading as an exchange-traded managed fund (ETMF) on the ASX on August 1. Lanyon said the listing is a significant milestone for the fund, with the decision to pursue the ASX quotation following ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
Financial advisers are poised to generate $2.1 billion in new revenue over the next five years and add nearly 500,000 clients to their books if they are proactive in managing seven key factors, Deloitte Access Economics says. Despite the enormous regulatory ...

Treasury releases M&A draft reforms

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
Treasury has released a draft of the intended reforms to Australian merger and acquisitions (M&A) processes. The reforms were flagged by the government back in April, in which it said the new rules would promote competition, protect consumers, and provide ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
OnePath Custodians is entering a court enforceable undertaking with APRA and will pay close to $11 million, as it continues to identify super members whose contributions weren't directed to a MySuper option when they should have been. APRA has agreed ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
US-based investment manager Beaconsfield Capital has appointed McGrathNicol as receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options ...

ESSSuper appoints two executives

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
ESSSuper appointed its inaugural chief member officer and recruited a new chief financial officer, both of whom have extensive experience in the industry fund sector. Becoming the first chief member officer for the $35 billion super fund, Stuart Wilkinson ...