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Showing 81 - 90 of 7498 results for %22AB Managed%22

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... announced plans to launch the Magellan Unconstrained Fund to retail investors. A global equities strategy, the fund will be managed by Alan Pullen and has been running for about two years. The group said the fund will provide investors with optionality ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The number of financial advisers authorised to advise on managed discretionary accounts (MDAs) has dropped just 6.1% in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Investment returns for APRA-regulated superannuation funds lagged self-managed super funds (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... financial year, the wealth firm recorded a 33% year on year jump in IFA flows into its flagship North platform. North's managed portfolios reached $13 billion in AUM at the end of 2023. The platforms business made $90 million in underlying net profit ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... investment sector," he said. In the 12 months to September 30, Rainmaker found that ETFs recorded net flows of $10.8 billion. Managed funds, however, had negative net flows of $26.8 billion. State Street Global Advisors, Vanguard, and BlackRock account ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... In September 2023, Mark Raymond Sebo was found guilty of misappropriating $1,056,685.18 from some of his clients' self-managed super funds. Between July and August 2019, he was found to have used all the money to feed his gambling habit. At the time ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
Next week, self-managed super fund professionals can leverage what APRA-regulated funds are excelling in as well as learn about critical issues affecting the sector from a suite of experts, according to the SMSF Association (SMSFA). Heffron SMSF Solutions ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... and quality consumer brands. "We look for dominant market positions, low cost to value customer propositions, an owner-managed culture, consistent earnings power, strong balance sheets and diversity in products and services," Desmond said. Claremont ...

AustralianSuper to revive UK landmark

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... planning application to redevelop a permanent cultural venue at the Printworks London building. The Printworks building, managed by music and arts operator Broadwick, was closed to the public in May 2023. AustralianSuper and British Land are currently ...