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Showing 21 - 30 of 30624 results for "Fund"

Stockspot plots entry into superannuation space

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... pooled super funds, Stockspot Super will offer discrete accounts so you won't pay for the future tax liabilities of other fund members," it said. Transparency is also a key feature, Stockspot said, explaining that it will only invest in publicly listed ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... of its merger with AvSuper. ART chief commercial officer Dave Woodall said onboarding AvSuper is an important step in the fund's expansion strategy. "By continuing to grow our national footprint, we're well on the way to achieving our target of $500 ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting of net retail outflows of $200 million and net institutional ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving their incumbent super fund and investing their savings in high-risk property schemes, it found. These are either via platform super products offered ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... was appointed finance chief after serving in an interim capacity since March. Kelly joined the $82 billion industry super fund after Sally Collins quit to take up a wider operational role at rival Aware Super. As chief financial officer, she will manage ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... announced it has successfully raised more than $300 million for a first close of its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity. The Dexus Real Estate Partnership 2 (DREP2) fund is the second ...

Blue Owl hires from Fidelity for APAC private wealth lead

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... and head of investment specialists, funds Hong Kong, at Julius Baer. He also spent 10 years at a leading quant-based hedge fund overseeing global fund distribution. Connor said Santer's appointment builds on Blue Owl's existing private wealth business ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... to deliver further fee reductions for members into the future," a statement from TelstraSuper said. The $26 billion super fund was initially created in 1990 exclusively for Telstra employees 30 years ago, but it now has a much broader membership, having ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
The fund manager is looking to significantly boost its local lineup of active ETFs. Fidelity is seeking the approval of unitholders to modify the constitutions of a number of its managed funds to enable listing of a class of units on either the ASX ...