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Showing 881 - 890 of 6924 results for "shares"

ETFs hit $125bn milestone

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
... Magellan's Global Fund Open Class ($14.7bn) was the largest in terms of market capitalisation, followed by Vanguard's Australian Shares ETF ($9.5bn) and iShares' S&P500 ETF ($5bn). BetaShares chief executive Alex Vynokur sees the local ETF industry reaching ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
... said. He clarified that the two largest shareholders in NAB are Vanguard and BlackRock which hold a little over 6% of NAB shares each. Australian institutional investors make up approximately 32.8% of the NAB share register, with the bulk of shares owned ...

State Street acquires custodian for $4.7bn

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... Street AlphaSM platform, he said. BBH managing partner Bill Tyree said State Street is "the ideal partner - a firm that shares our core values of unmatched client service, integrity, trust, and a long-term commitment to sustainability". "We made this ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... windups of SMSFs. The total estimated assets of SMSFs are just over $822 billion with 28% of SMSF assets held in listed shares and 18% in cash and term deposits. Meanwhile, the gender gap of SMSF members is narrowing with 53% of SMSF members being male ...

Fidelity moves into SMAs

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... head of wholesale sales Simon Glazier added: "The SMA structure makes sense for the right client because investors own the shares they're invested in which can offer tax benefits but don't have administrative burden of investing directly in the stock ...

Rest streamlines asset classes

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... the same key underlying performance drivers. Currently the fund has 11 asset class categories, which include Australian shares; overseas shares (including equity strategies); private equity; property; infrastructure; bonds; sub investment grade bonds ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
... financial advice to an SMSF to invest in Premier Realty Group (PRG) and arranged the sale of a financial product (70,000 shares in PRG for $70,000) to the SMSF. He also sold another set of financial products (14,000 additional shares in PRG for $14,000) ...

Stockspot hires from Vanguard

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... product initiatives to support Stockspot's direct clients including SMSFs, and accountants and advisers with whom Stockspot shares clients. https://www.financialstandard.com.au/news/vanguard-super-appoints-board-179363111 She joins Stockspot after 18 ...

Douugh rolls out robo-advice

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... fur, military and weapons. The portfolios invest in ETFs offered by BlackRock, Invesco, Vanguard, State Street, Impact Shares and First Trust. "The launch of the Douugh Wealth proposition is a critical milestone on our journey to becoming a truly "responsible" ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
... is anticipated occur around October 31. The purchase will be financed by the issue $12 million in escrowed Centrepoint shares and a cash consideration of $3.2 million. The CFA and Matrix dealer groups had 175 financial advisers operating under their ...