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Showing 9371 - 9380 of 22801 results for "Funds"

Implemented Portfolios hires for national expansion

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
... ongoing, strong growth, aiming to underpin its adviser value proposition. Implemented Portfolios recorded a 35% increase in funds under management over last financial year to now total $640 million, while the number of accounts held grew by 30%. Kirk ...

Female SMSF investors more focused on securing retirement

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
Female investors are increasingly using self-managed superannuation funds to build wealth, with women aged between 35 and 50 displaying different share trading habits to men. According to the latest CommSec SMSF Trading Trends Report, a comparison of ...

MainstreamBPO given green light for offshore acquisition

ALEX BURKE  |  MONDAY, 4 SEP 2017
... With approvals received, the firm now has 12 months to finalise the acquisition. The acquisition will boost MainstreamBPO's funds under administration by about US$7 billion. Based on the group's annual report, MainstreamBPO now serves 667 funds representing ...

US shares dominating other asset classes

ALEX BURKE  |  MONDAY, 4 SEP 2017
... also-ran." Justifying this further, Vanguard pointed to research conducted based on monthly returns for 580 Australian balanced funds from January 1990 to September 2015 which found that 89% of a portfolio's movements over time were determined by asset ...

Hastings loses $2.1bn fund mandate

ALEX BURKE  |  FRIDAY, 1 SEP 2017
Unitholders including large super funds, insurance companies and family offices voted to remove Hastings Funds Management as the portfolio manager for a $2.1 billion infrastructure fund. Following an extraordinary meeting with trustee Gardior, unitholders ...

Beware creative debt packaging: Robeco

KARREN VERGARA  |  FRIDAY, 1 SEP 2017
... not see it as a major negative point yet," he said. Singapore-based Meijers, who was in Sydney recently talking with super funds about fixed income strategies and insights, said Australia from a top-down debt sustainability perspective sits at 'neutral.' ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
... Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen Rowell signalled ...

KPMG appoints new wealth management head

JAMIE WILLIAMSON  |  FRIDAY, 1 SEP 2017
... management and investment portfolios. He will oversee KPMG's firm-wide services in the wealth space including superannuation, funds management, private equity and retirement products. The move comes as a result of previous wealth management lead John ...

Bennelong creates NSW distribution role

JAMIE WILLIAMSON  |  FRIDAY, 1 SEP 2017
Bennelong Funds Management recruited a Betashares account manager for a newly created distribution role. Taking on the new position of director - wholesale sales NSW, David Whitby will provide additional support to high-net-worth and independent advisory ...

Netwealth expands managed accounts offering

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
... range of managed account solutions in a bid to meet growing adviser demand and continue building on its now $15 billion in funds under management and administration. In the short period from 1 July 2017 the managed accounts and platform provider has ...