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Showing 101 - 110 of 3140 results for Karren Vergara

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
Pendal is terminating one of its funds, saying that it was too expensive to operate, 11 years on from its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
Female fund managers generate 1.2% alpha on average compared to the broader population, a new analysis from Morningstar shows. The assessment of 62 portfolio management teams led by women were able to achieve 0.89% in alpha annualised over five years ...

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
Women continue to lack confidence in how much they can save for retirement and ability to invest compared to men, new surveys reveal. Only 30% of women are happy with the amount in their super fund, a survey of 1000 super members led by the Australian ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
The cost-of-living crisis has the potential to threaten women's financial security in retirement, but there are overlooked yet effective strategies they can undertake to help conquer the obstinate gender superannuation gap. A new survey from Finder ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
Iress saw its share price skyrocket 15% as speculation swirled that a global private equity firm is keen on a buyout. An article in the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
The Liberal Party appointed a new shadow assistant treasurer and shadow minister for financial services in Luke Howarth, while Andrew Bragg takes on the portfolio of home ownership. Opposition leader Peter Dutton unveiled a shakeup of his frontbench ...

Aware Super appoints member strategy lead

KARREN VERGARA  |  TUESDAY, 5 MAR 2024
The $170 billion Aware Super has appointed a new lead for member strategy who previously worked at AustralianSuper. Chris Cramond took on the newly created role of head of member strategy on March 4, overseeing member experience, data and insights ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC has succeeded in its case against RM Capital, which the court found failed to take reasonable steps to prevent its authorised representative accepting conflicted remuneration. On the February 29, the Federal Court found that RM Capital's authorised ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Professional and business development managers are growing increasingly dissatisfied in their current roles as many flagged their exit over the next three years, a new survey finds. A comprehensive analysis of professional development managers (PDM) ...