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| | | ... equities increased from 35.4% to 36.9%. Meanwhile, international equities allocations rose from 13.9% to 14.2%. "Managed funds were increasingly used as a vehicle to invest in both domestic and international equities, as trustees look for new growth ... |
| | | | ... more financial planning offices and broadening our digital and online support." UniSuper now has $10 billion in members' funds under advice. Recent Roy Morgan data shows UniSuper ranks third among industry funds for consumer satisfaction, with 66.4% ... |
| | | | Unlisted property funds outperformed most asset classes and delivered returns three times more than Australian equities in 2017. This is according to a joint report compiled by Zenith Investment Partners, MSCI and the Property Funds Association, which ... |
| | | | ... heralded a long-term strategic partnership with Legg Mason, which will see the two launch a new suite of active exchange-traded funds on the ASX. Vynokur said the firm is excited to be partnering with one of the world's largest and most experienced asset ... |
| | | | ... planners. "To do this job, they do not need to understand transition to retirement strategies, the intricacies of managed funds, or the latest superannuation caps legislation. That kind of education is not appropriate," he said. |
| | | | ... mainly driven by a disciplined business approach and strong cost control. Revenue was up 5%, while costs were down by 4%. Funds under management (FUM) increased by 56% to $1.4 billion, while premiums under management (PUM) grew 20% to $17.6 million y ... |
| | | | KPMG has entered into an agreement to sell its superannuation administration business, which has about $2 billion in funds under management. KPMG Superannuation Services was established in 1989, initially for a single superannuation fund client. This ... |
| | | | Equipsuper, which manages over $14 billion in funds for more than 75,000 members, has appointed a new head of member advisory. Paul Synhur was most recently Equipsuper's head of risk, having held previous roles in the fund's risk and compliance team. ... |
| | | | HUB24 has seen its largest increase in funds under administration to date as a result of numerous new distribution deals with licensees and the addition of 123 new advisers, half-year results show. The platform's FUA grew by a record $1.4 billion during ... |
| | | | ... increasing resources in operational, risk and compliance roles. The increase in membership over 1H18 contributed to group funds under management rising by 41% to $2.6 billion. Australian Ethical saw net inflows of $341 million over the period. Commenting ... |
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