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Showing 891 - 900 of 5504 results for "September 2012"

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
The Australian Bureau of Statistics has revealed what people who accessed their super early due to financial hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
State Street Global Advisors took out first place in R ainmaker's latest rankings of local institutional investment managers by total assets to December end. State Street ended 2020 with $175.3 billion in institutional funds under management sourced ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

HNWs change views on advice

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
New research from Investment Trends has revealed that high-net-worth investors in Australia have changed their view of professional financial advice since the pandemic. Investment Trends found that there are 485,000 HNW investors in Australia as of ...

Yarra completes acquisition

KARREN VERGARA  |  MONDAY, 12 APR 2021
Yarra Capital Management has completed the acquisition of Nikko Asset Management's Australian business, which was announced on March 2. Yarra will soon revive Nikko AM's former name Tyndall Investment Management, which was removed in September 2014 ...

First Super hires from Cbus

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
Industry fund for the pulp and paper sector First Super, which has $3.5 billion in funds under management, has appointed a deputy chief executive from Cbus. Michelle Boucher has stepped into the deputy chief executive role at First Super, where she ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
The corporate regulator has commenced civil proceedings against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
How much financial advisers can expect to sell a book of investment and superannuation clients for has decreased over the last two years, according to a new valuation report. Radar Results has released its March 2021 price guide, highlighting a downward ...

Unlisted assets deliver modest returns

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research reveals that MySuper products with high weightings to unlisted assets provide modest returns but contribute lower volatility and higher autocorrelation. Rainmaker's latest RMetric report sought to find out if the performance of MySuper ...