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Showing 41 - 50 of 2729 results for "America"

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... investment purposes, and has now grown into a diversified group. Outside of Australia, Boston Global Group is invested in North America and Southeast Asia.

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
First Australians Capital (FAC) has named Benson Saulo as its managing partner as it receives a $9 million grant from the Paul Ramsay Foundation (PRF) to drive future expansion and development. Saulo, who commences the role effective immediately, will ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
Despite returning over 40% last financial year, Perpetual is terminating a six-year-old global equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in ...

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Blackstone has made its first investment in the local student housing market with the purchase of Student One in Brisbane. The acquisition comprises three premium student accommodation assets with a total of 2300 beds in Brisbane's CBD, as well ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... management experience to the role, having worked at financial institutions across the Middle East, the US, Europe, and Latin America. Most recently, Sandoval served as head of markets, asset classes and portfolio strategy at the Public Investment Fund ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... a decrease of 10.6% for the sovereign pension funds in the Thinking Ahead Institute Top 300 study." Regionally, North America now accounts for 45.6% of assets in the world's 300 largest pension funds, while European pension funds account for 24.1% ...

Perpetual restructures asset management leadership, regional chiefs exit

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
Perpetual has established a global asset management leadership team as part of a refreshed strategy, leading to changes in its executive committee. In an ASX announcement, Perpetual revealed that its regional asset management units have unified under ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
AMP has put to bed a class action relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... wealth growth of the 4.5% UBS estimates for high-income nations. More than half of all UHNWIs currently reside in North America, while countries in the Asia Pacific region are home to more than 66,000. "This already considerably exceeds the roughly 40,000 ...