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Showing 1 - 10 of 195 results for "Rainmaker data"

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... hit, recorded a net return of -2.5% in the year to March 2023, while its benchmark reported -0.6%. More recent Rainmaker data in the year to December 2023 shows that the First Sentier WS Strategic Cash Fund lost $1.3 billion in net outflows. The First ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... preservation age, are still working, and the Retirement Account, for members who have met a condition of release. Rainmaker data shows that Superhero Super had $142.8 million in assets under management at the end of June. Smartsave's Employer Super ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... product, with a particular focus on high efficiencies and simple solutions for advisers, Quirk said. According to Rainmaker data, FirstChoice commands the greatest market share of advisers, both aligned and non-aligned. "We still see absolute value for ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... extensive common shareholder base." IFM had $216.7 billion in assets under management at the end of March, according to Rainmaker data. Some $26.4 billion is invested in international infrastructure while $18 billion is in local infrastructure. About ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... taxpayers across Australia, I'm monumentally embarrassed that we're having a fight over something so trivial." Rainmaker data reveals if a woman takes five years out of the workforce to look after children or care for family it will cost a hefty ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... FirstChoice WPS - FirstChoice Wholesale Diversified (1.9% p.a.) delivered the poorest returns. Over this period, Rainmaker data said the median return was 4.3%. On a year-on-year basis, industry funds also tended to outperform retail funds. First Super ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
According to Rainmaker data, separately managed accounts' (SMA) footprint in the managed account sector has risen dramatically in two years. SMAs funds under advice (FUA) in the past two years increased 151%. Meanwhile, managed discretionary accounts ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... Thanks to industrial property, the fund delivered an above-average return for the year to June 2022, according to Rainmaker data. It's true that TelstraSuper's short-term performance was marred by market conditions that hit all funds but its ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... financial interests of our members." A priority for the fund is getting the returns up to where they were before. Rainmaker data shows that BUSSQ's MySuper Balanced Growth fund returned -5.0% for the year to 30 June 2022, when the market average ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
The managed fund industry had estimated net flows of $16 billion in the 12 months to June 2022, an increase in funds under management (FUM) through net flows of 2.3%, according to the Rainmaker Information Wholesale Managed Funds Net Flows report. However ...
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