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Showing 8201 - 8210 of 22801 results for "Funds"

BT Financial Group divests Ascalon

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... Managers to an ASX-listed financial services firm. Westpac has entered into an agreement that will see ownership of the funds management business transition to Generation Development Group, formerly known as Austock. While Ascalon has a strong record ...

MSCI launches tobacco exclusion indexes

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
... is growing demand for exclusionary indexes globally, including interest among the world's largest pension and endowment funds for tobacco exclusion benchmarks." The firm's initial suite of tobacco exclusion indexes includes ACWI, World, EAFE, Japan and ...

Pension fund awards custody mandate

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
One of the largest pension funds in the world awarded a custody mandate to global giant BNY Mellon. The $827 billion National Pension Service of Korea (NPS) appointed BNY Mellon as its global custodian for fixed income. BNY Mellon Asia Pacific head ...

Super funds call for grandfathering ban

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Superannuation funds are rallying to see an end to grandfathered commissions and for the regulator to impose stronger sanctions on those that fail to act in the best interests of members. In its submission to the financial services Royal Commission ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
SMSF investment in international managed funds, ETFs and direct shares continues to climb as exposure to cash and term deposits drops. Latest analysis from SuperConcepts shows allocations to international investments rose by 1.3% in the 12 months to ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... WAM Microcap 21.9%, the manager said in a conference call for media and investors yesterday, Before the GFC, Wilson's funds had about 35% in cash. "We are a little nervous," Wilson said. "US interest rates are backing up a little bit and it's ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... superannuation was at serious risk," the AFA said. The AFA has called for the introduction of guidance around advertising by super funds, taking into account both the sole purpose test and consumer confidence.

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART. The researchers modelled Morningstar data for 5297 manager funds that have a track record of 10 years. They ...