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| | | ... implying it was operated by Macquarie, ASIC said, adding he falsely represented he had no vested interest in the recommended funds when, in reality, he was involved in marketing both schemes and received tens of millions of dollars for marketing First ... |
| | | | ... renegotiations," he said. Such savings were reinvested into new advisers, operations staff, and investment specialists in funds management, operations and advice support. "Rebuilding Clime has also been about culture. We reset adviser incentives to create ... |
| | | | ... to turnaround in 2022. Separately, superannuation assets rose 9.8% over the year to June to $4.3 trillion. Industry super funds jumped 15% to $1.6 trillion while retail funds grew 12% to $848.5 billion. Public sector funds made a 6% gain to end up with ... |
| | | | ... $12 billion increase in investment returns. This brings cumulative investment returns to approximately $61 billion since funds amalgamation in 2015. Demand for NSW bond issuance remained solid during the year, with the financial markets business completing ... |
| | | | ... visualise real-time outcomes in a way that builds confidence and clarity." The new partnerships come as more superannuation funds look to provide digital advice offerings. Bravura also said AMP, Aware Super and Rest have all ramped up Midwinter-based ... |
| | | | As funds under management (FUM) hits nearly $5 billion, K2 Asset Management (KAM) flagged it is "now actively exploring mergers and acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months ... |
| | | | ... Peak's Global disruption strategy." As at July 31, the Loftus Peak Global Disruption Active ETF has $662 million in funds under management, while the strategy has close to double that. |
| | | | ... and there were a 127 for Australian equities. There were an estimated 55 mandate appointments from not-for-profit super funds and investment managers, 199 model portfolio mandates, four mandates from retail super and three mandates from government agencies ... |
| | | | ... intervention. "We've seen an upward trend in accessing super early and our focus remains on those who illegally access SMSF funds. It's important you don't fall victim to the temptation of illegal early access schemes. The consequences can include ... |
| | | | ... Most of the outflows came from the flagship Platinum International Fund, which returned just 3.1% for the year. Average funds under management came in at $10.8 billion, down from $15.3 billion - a drop of 29.4%. Platinum said it was pleased to see the ... |
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