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Showing 1 - 10 of 2377 results for %22Benchmark Report%22

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

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... Wholesale Imputation Fund, which took the biggest 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 ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... that director fees from 2019 have reduced by 43%, adding that the remuneration committee continues to monitor fees and benchmark against peers. This is amidst AMP's aggressive simplification program which has been in play since the Hayne Royal Commission ...

Qantas Super taps fintech as an investment consultant

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
Qantas Super has partnered with Ortec Finance, a fintech company headquartered in Rotterdam, as an investment performance consultant. The $8.9 billion corporate super fund will use Ortec's investment performance managed service via an outsourcing arrangement ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... $18 million hit to revenue. One large client told the fund manager that it intends to rebalance its exposure away from benchmark agnostic global equity managers. "As such, we do not expect the account to close but rather to see a reduction in mandate ...

Australian Ethical eyes small caps as play for advisers

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... overweighing them in its flagship Australian Share fund, which achieved a 10-year return of 10.8% compared to the 8.3% benchmark. Its Emerging Companies fund, which invests in small caps, achieved a 12.6% return since inception, beating the 6.9% benchmark. ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The US Federal Open Market Committee (FOMC) chose to keep the benchmark policy rate at 5.25% to 5.50%. Despite holding rates at their current level, the latest dot plot revealed the FOMC expects 75 basis points of cuts this year, with more to come in ...

Investors being influenced by the 'Powell pivot'

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... always be aware of the extent to which [investment grade credit] managers employ riskier securities, both in and off-benchmark." Th report said manager selectors have an "invaluable opportunity" to evaluate active fixed income teams' decisions and performance ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
Ontario Teachers' Pension Plan Board reported a meagre 1.9% net return for 2023, falling short of its 8.7% benchmark, translating to a $15.8 billion negative value add. This contrasted with a modest 4% return in 2022, which surpassed its benchmark ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... outcomes. It questions whether tweaks can overcome the test's limitations - namely, its reliance on a single-metric benchmark portfolio that only evaluates investment strategy execution without considering strategic decision-making or risk management. ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... subsidiary was the first to launch a definitive suite of digital asset indexes with its flagship Bitcoin & Ethereum Benchmark Rates." In Australia, VanEck has been engaged with bringing a spot Bitcoin ETF to the ASX since early 2021. It was the first ...
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