Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8701 - 8710 of 22801 results for "Funds"

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... super providers from Vision Super to MyNorth for her $46,000 nest egg. Mr E didn't attempt to compare investments between funds and gave baseless reasons why they should switch funds - which Britt agreed did not justify or outweigh the exit fee. Two ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
The Australian Council of Trade Unions is calling on industry superannuation funds to review partnerships with the big banks in light of issues exposed at the financial services Royal Commission. In a letter to industry fund chief executives, ACTU secretary ...

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
... partial lump sum payments or commutations were made from the cash option. In the event the cash option has insufficient funds, payments are then made from the balanced option. REI said a rebalance will occur annually in-line with the fund's age-based ...

XTB launches ESG fixed income portfolio

KANIKA SOOD  |  MONDAY, 23 APR 2018
... released by the manager. The XTB managed portfolio is available on HUB24 platform, starting today. XTB had $265 million in funds under management in 2017 - up 117% over the previous year. In June, 2017 XTB appointed Australian Corporate Bond Company ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... as the leading managed-account platform provider in the market with more than $7.5 billion in separately managed account funds under administration," Praemium head of product and marketing Mat Walker said. "Steve's appointment is another example of how ...

Super fund awards $150 million fixed income mandate

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... Absolute Return Investment (PARI) strategy on behalf of Sunsuper. Payden and Rygel is represented in Australia by Grant Samuel Funds Management. The PARI is an actively managed global fixed income strategy without traditional benchmarks, aiming to generate ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
... experiences and we are building for the future. We have a great platform, great people and continuing support amongst our funds' investors and institutional clients." "Blue Sky will accelerate initiatives to recalibrate Blue Sky's income mix toward a ...

Royal Commission to boost ETFs: VanEck

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... options will become go-to investment vehicles. ETFs are far more cost-effective than comparable unlisted active managed funds that use platforms that charge high fees, Neiron said. "Clients and indeed legislators will no longer stand for the high fees ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise the funds required to list on the ASX. "What we've done over the last month is gone out to our institutional investors, which are ...

Blue Sky funds downgraded after profit revisions

ALEX BURKE  |  FRIDAY, 20 APR 2018
Two Blue Sky funds have been rated "unapproved" and "low investment grade" by SQM Research after the manager conceded it had fallen short of shareholder expectations. Blue Sky's Alternatives Access Fund was downgraded to 3.25 stars and recommended as ...