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Showing 821 - 830 of 9372 results for "Fee"

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Australians are finding it hard to achieve their financial goals because of inflation, the cost of living, and a complex investment landscape that's characterised by ongoing policy change, according to Generation Life research. While those with a financial ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... Ethereum ETF (IETH) aims to give investors a return that matches the price of Ethereum in Australian dollars; it has a management fee of 0.5% per annum. The ETF was set up to give investors an easier way to gain exposure to Ether without being responsible ...

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
... using its platform. Retail comprises the lion's share of FUA at 85%. During the quarter, HUB24 launched pre-populated advice fee consent forms and refreshed it digital advice fee consent dashboard. This provides advisers with greater flexibility and ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
Tribeca Investment Partners portfolio manager Jun Bei Liu is taking her top-performing $1.5 billion long-short equity fund to set up a new shop. Liu is effectively taking the Tribeca Alpha Plus Fund in a management buyout with the "blessings" of Tribeca ...

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... (MHHT). The outflows of $458 million occurred on the back of a good one-year performance, with the ETF returning 16.5%. The 1.5% fee is also particularly high compared to passive index-tracking international ETFs.

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
Australian Ethical has lowered investment fees and costs for super members, effective 1 October 2024. Superannuation members invested in the conservative option will see fees reduced from 0.69% to 0.68%. Those in the growth option will see fees drop ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

European private equity strategy launches down under

KARREN VERGARA  |  THURSDAY, 10 OCT 2024
Global firms S64 Capital and HG Capital have joined forces to bring their flagship private equity offering to Australia. The firms are launching the Hg Fusion Private Capital Fund (HFPCF) to local investors as a feeder fund in the form of a unit trust. ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ...