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Showing 61 - 70 of 4708 results for %22Class B%22

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... fund manager's annual Family office survey, now in its seventh year, found that private credit is the preferred asset class for 45% of chief investment officers. "We learned from our conversations that many chief investment officers are now finally ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... FuturePay, in July 2022. The firm is actively seeking solutions for the persistent NTA discount on the Magellan Global closed class listed investment trust, with plans to transition it to an open-end structure anticipated in the second quarter of the ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Shine Lawyers filed a class action on behalf of Rest members who may have had income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... in part - the strong performance of Australian platforms to the agility in identifying the growing demand for the asset class and the timely solutions deployed to address it," he said. Also noteworthy, investment platforms have notably increased their ...

MA Financial splurges on 13th marina

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
MA Financial has purchased Queensland's East Coast Marina for $33 million, expanding its Marina Fund. The East Coast Marina, located in Brisbane's Manly harbour, consists of 330 berths, dry storage for 240 vessels, 595 square metres of commercial buildings ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... optionality depending on their individual objectives. It is also still working on converting the Magellan Global Fund (Closed Class) into the Magellan Global Fund (Open Class), it added. An interim dividend of 29.4 cents per share will be paid, franked ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Artificial intelligence could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Investment returns for APRA-regulated superannuation funds lagged self-managed super funds (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
New research reveals that indexed strategies are on track to reach $1 trillion by 2026 and will account for one-quarter of the funds management universe. Rainmaker Information's Institutional roundup report found that indexed investing in Australia ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... mirror - what the SMSF sector does well and where it needs to level up, are SMSF Association chief executive Peter Burgess, Class chief executive Tim Steele, KPMG partner Linda Elkins, and Brighter Super chief executive Kate Farrar. At the conference ...