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Search ResultsShowing 1 - 10 of 100+ results for "Rainmaker"
Government fund names new chief executive
ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... build upon the living ethos of 'members' first'," Firkins said. AvSuper won member's choice at the 2019 Rainmaker SelectingSuper awards, which Rainmaker said indicated the fund was successful at engaging members. AvSuper was established ...
Mergers prompt 13% fee drop
KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... recently folded into Aware Super, while MTAA Super and Tasplan will be known as Spirit Super from April 1. Research from Rainmaker, which spanned over three years, found that merged entities passed on a 20% fee saving to members. Across 11 mergers, the ...
PIMCO eyes ETFs
KANIKA SOOD  |  MONDAY, 22 FEB 2021
The fixed income giant is getting ready to list its fixed income funds as active ETFs in Australia. PIMCO, which managed over $52 billion in Australian assets at September end, has so far stayed away from ETFs. It did list nine of its strategies in ...
Wage subsidy to rescue advice industry
ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... significant cost involved in bringing on a new entrant whose contribution to the business may be limited. According to Rainmaker analysis of the ASIC FAR, 3318 advisers departed the industry in 2020. Commenting on the shrinking industry, Profusion Group ...
Local managed funds fee revenues shrinks
KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... Wholesale managed funds reaped $4.5 billion in fee revenue in 2020 but average fees were down 6bps, according to new Rainmaker research. Rainmaker analysed more than 1000 managed funds which had $588 billion in total assets. The average fee wholesale ...
Lifecycle products cost members: Research
ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
New Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their ...
Lakehouse Capital adds return-to-work appointment
KANIKA SOOD  |  MONDAY, 1 FEB 2021
... Templeton. Its small companies fund has returned 24.6% p.a. over the last three years to November end, according to Rainmaker data on performance of Australian small cap managers in wholesale segment. Bennelong's emerging companies fund holds the ...
GQG sees spectacular FUM growth
KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... our clients, and to continue to increase our brand and presence across the Australian market," he said. According to Rainmaker data , GQG won three mandates from local institutional investors in the 12 months to March 2020. Its local AUD Global Equity ...
Super fund ousts ethical manager
JAMIE WILLIAMSON  |  FRIDAY, 22 JAN 2021
... handed the mandate to AMP Capital Ethical Leaders in 2008 and was not due for renewal until 30 June 2023, according to Rainmaker data. Communicating the change, LGIAsuper said: "Pendal is an investment manager with a proud 35-year heritage in and ongoing ...
Hyperion makes foray into active ETFs
KARREN VERGARA  |  THURSDAY, 21 JAN 2021
Hyperion will launch an active ETF on the ASX that will open access to its unlisted global equities strategy. The Hyperion Global Growth Fund (HYGG) is an active ETF set to list in late March. HYGG gives access to the unlisted vehicle the Hyperion Global ...
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