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Showing 61 - 70 of 5587 results for %22Australia benchmark%22

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Fund managers that were recently acquired or have undergone significant structural changes are seeing massive outflows within their unit trust business to the tune of $21 billion. According to Rainmaker's Benchmarking research note, an interesting ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... those entities that do not sufficiently meet CPS234 requirements and will further engage with the industry to lift the benchmark for cyber resilience across the Australian financial services industry." Entities are currently participating in the second ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
... to 20 staff under O'Connor's leadership. It has grown from representing 150 investment organisations across Australia and Aotearoa New Zealand that collectively manage over $550 billion in assets - to more than 500 organisations with over $43 ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
Industry Super Australia deputy chief executive Matthew Linden says the fact the amended superannuation performance test doesn't look at retirement products is a cause for concern. In the latest episode of the Financial Standard podcast, Linden said ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... be in the member's best financial interest to move out of the investment, he said. Concerningly, Industry Super Australia chief executive Bernie Dean said Choice products will "almost certainly have a higher administration fee benchmark than MySuper ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... currently priced at 0.52% p.a. and REIT is currently 0.43% p.a. but will be reduced effective July 3. VanEck said IFRA was Australia's first global infrastructure ETF and remains its biggest, tracking the FTSE Developed Core Infrastructure 50/50 Hedged ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... members." Dunnin added the task of a super fund isn't to solve climate change or address every social ill facing Australia. "This makes running a super fund portfolio in light of all the ESG and climate action constraints akin to walking a high wire ...

Northern Trust launches asset owner platform

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
... under administration in the second half of last year, taking it to $718.2 billion. It is the second-largest custodian in Australia behind J.P. Morgan.

Cboe launches first ever global listing network

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... The derivatives and exchange network said Cboe Global Listings is "the first-of-its-kind," and has plans to launch in Australia following the release of its listed stocks, currently available in the US and Canada, in the Netherlands and the UK. The new ...