Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 991 - 1000 of 3128 results for "Investment Manager"

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... retail priority. It also found that these representatives facilitated 2000 trades with flippers, allowing the investment manager to "obtain bonds for its own inventory, thereby circumventing the priority of orders set by the issuers and improperly obtaining ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The $28.4 billion investment manager will slash fees on nine of its fixed income funds and investment offerings, effective from October this year. Perpetual Investments general manager global distribution Adam Quaife said the management fee reduction ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... the asset class, as will the low yields available in core sovereign bond markets (USTs, bunds, etc.)," the investment manager said. Focus has now turned to individual country fundamentals as the economic shocks of COVID-19 settle in, it said. "While ...

Administrators appointed to iProsperity

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Real estate investment manager iProsperity has taken a hit from COVID-19, resulting in administrators being appointed to the group. Cor Cordis has been appointed voluntary administrator to the companies in the iProsperity Group but their appointment ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means of job creation and economic stimulus. The ...

Charter Hall makes $214m warehouse play

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The $40 billion property investment manager has acquired three warehouses from Owens-Illinois Australia (OIA), setting Charter Hall back $214 million for the investment. A Sydney-based glass manufacturing facility and warehouse, located at 130-170 Andrews ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... That's according to T. Rowe Price head of Australian equities Randal Jenneke, who recently revealed the investment manager is bearish on banks. "The loan deferral issue is a bigger issue than the market thinks," he told Financial Standard. "Firstly ...

GMO acquires Japanese equity manager

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... has acquired a Japanese investment advisory firm and nabbed two senior executives from PGIM's quantitative investment manager QMA. GMO has acquired Usonian Investments, a value-orientated Japanese equity manager. "Usonian manages more than US$1 billion ...

Top equities managers revealed

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... Former Ausbil microcap managers Tony Waters and Chris Prunty have come out on top of Mercer's Australian Shares Investment Manager Performance ranking, after their QVG Capital Long Short fund returned 29.3% for the year. Hyperion Australian Growth and ...