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Showing 8661 - 8670 of 22801 results for "Funds"

Fund manager names new chair

DARREN SNYDER  |  WEDNESDAY, 2 MAY 2018
... from outgoing chair James Cain. He has been chair since 2009 and oversaw ISPT growing from $6.7 billion to $15 billion in funds under management. ISPT said Hartnett has more than 30 years' experience in the Australian property sector and extensive senior ...

Morningstar creates carbon risk investment tool

DARREN SNYDER  |  WEDNESDAY, 2 MAY 2018
Investors measuring carbon risk in portfolios have a new tool to score carbon exposure across 30,000 funds globally. Introduction of the Morningstar portfolio Carbon Risk Score aims to move beyond carbon footprinting to provide an assessment of carbon ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... results, strengthening of claims provisioning in 1H18 and lower new business volumes in ANZ Financial Planning. Average funds under advice in ANZ Financial Planning dropped by 2% on the prior corresponding period to $10.6 billion. Four of the bank's ...

Industry fund simplifies super access

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... provide the required information to establish the account and can then commence drawing down an income while keeping the funds invested in super. Intrust executive manager Lawrence Chand said the fund is pleased with the new service. He added that he ...

Retail unit trusts leaking FUM

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
Retail unit trusts now hold only 47% of the managed funds segment in Australia, down from 75% at the time of GFC, according to new Rainmaker research. The $755 billion managed funds segment in Australia includes retail unit trusts, exchange traded funds ...

MDA provider makes key hires

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... merger with Linear for the quarter ended 31 March 2018 MGP, saw combined group net inflows of $237.8 million. The combined funds under administration by MGP now sit at $12.83 billion.

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... Milliman's calculation is drastically higher than the 7.8% drop previously estimated by the Association of Superannuation Funds of Australia (ASFA). "The faster-than-expected drop-off in spending casts doubt on some common rules of thumb, such as aiming ...

Vale Terry Mackenroth

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... sincerest sympathies and prayers are with his wife Mary and their family at this sad time." QSuper has more than $72 billion in funds under management and about 565,000 members.

Retirement income expert joins SMSFA

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... review of the superannuation system nearly a decade ago, I came to appreciate both the importance of self-managed super funds and the critical role the SMSF Association plays in advocating for this sector and the broader superannuation industry." He ...