Page 8 - Rainmaker Information News Today

Sequoia Financial Group has updated its profit guidance for the first half, saying several "abnormal items" will negatively impact its bottom line.

GQG Partners is aiming to be a top-ranking active equity manager in Australia, according to managing director Laird Abernethy.

Research by Rainmaker Information shows that an industry fund has the best performing personal super investment option, as at 30 November 2022.

The number of financial advisers is now at its lowest in almost two decades, analysis shows.

Rainmaker Information has released a list of the best MySuper investment options for the year to last November.

According to Rainmaker data, separately managed accounts (SMA) footprint in the managed account sector has risen dramatically in two years.

Australian income equities were the top performing asset class in the 12 months to September end.

Self-managed super funds are no longer Australias premier superannuation segment, with growth slowing significantly since the introduction of the transfer balance cap.

The Future Fund produced a return of -0.6% for the first quarter of the financial year, while developed listed markets fell 5.2%.

The revamped advertising campaign will test the former Morrison government’s rule for funds to justify every dollar of member money they spend.