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Showing 111 - 120 of 20239 results for "Management"

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... Federal Court for failing to comply with basic obligations, including operating with almost no compliance staff or risk management processes. In July 2022, ASIC issued civil penalty proceedings against wholesale licensee Lanterne Fund Services, alleging ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... quarter, representing 28% of total ETF inflows. The Australian ETFs industry had $191.87 billion in total assets under management at the end of March, over $53 billion more than at the end of the 2023 March quarter. "Australian investors have steadily ...

Mercury Capital acquires KKR's stake in Findex

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Mercury Capital will acquire KKR's 40% stake in wealth management and advisory firm Findex. The partnership will leverage Mercury Capital's understanding of the Australian and New Zealand markets and their experience working with business owners ...

GBST develops private equity platform

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Wealth management software business GBST has collaborated with Luna Partners to create a technology platform that connects investors and managers to the wholesale private equity market. The cloud-based SaaS platform will open investment opportunities ...

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... capabilities, will allow us to deliver on our investment objectives," Bayo said. GIP has around $112 billion in assets under management, and its portfolio companies have combined annual revenues of approximately $73 billion.

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... of compliance issues. The research also revealed there had been an increased level of internal conflict between fund management teams and compliance and risk teams, which concerningly showed no sign of slowing. The international study with senior leaders ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... an emerging leader in ETF investing. As an example, China's ETF market will close on US$400 billion in assets under management (AUM) as policy makers from the government and state investment fund use ETFs as a tool to stabilise equity markets. In South ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... interest in growth assets. He said this should boost flows and support higher asset prices, helping to lift funds under management and earnings for most asset managers. "Better performing and more diversified firms, such as Challenger and Pinnacle, are ...

Zenith welcomes back original partner

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... Zenith has been providing managed account portfolios since 2016 and currently manages close to $5 billion in funds under management across its range of managed accounts, including both customised and public menu portfolio options.