09/25/2020

Morningstar ratings tally for global equities

Six funds moved from silver to gold: Platinum Asia, Robeco Emerging Conservative Equity AUD, Stewart Investors W Worldwide Leaders, Stewart Investors W Worldwide Sustainability and T. Rowe Price Global Equity.

09/25/2020

MLC cuts fees, commissions

Investors will also now receive a monthly fee rebate applied to all options excluding the cash fund.

09/25/2020

BlackRock clamps down on work romances

BlackRock is urging its employees to disclose their involvement in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest.

09/25/2020

Ex-DBS Chairman Launches Venture Capital Firm

Altara intends to invest $3 million to $5 million in early-stage companies and has already investments Philippines digital bank Tonik, mobile-first consumer credit platform Stashfin and deep tech/AI startup Senseye.

09/24/2020

Super funds squander member money: Bragg

The New South Wales Senator proposed a roadmap to fix the system in three ways by: setting a clear objective of what superannuation wants to achieve; improving transparency of how members' money is spent; and lowering fees.

09/23/2020

Boutique extends GBST partnership

Warakirri Asset Management has extended its partnership with after-tax investment-focused service provider GBST for its superannuation clients to include international indices.

09/23/2020

AMP tops worst-performing super funds list

The best balanced funds were: WA Local Government's Sustainable Future (6.9% p.a.), AustralianSuper's Conservative Balanced (6.2% p.a.), IOOF's MultiMix Moderate (5.7% p.a.) and Public Sector Super's Income Focused (5.7% p.a.).