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Showing 1051 - 1060 of 17558 results for "Report"

Fixed income drives managed fund surge

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025
... billion - more than double the $36.8 billion recorded in 2023. The findings come from Calastone's 2024 Global Fund Flows Report. Fixed income dominates Bond funds flows hit an all-time-high, though 2024 also showed potential recovery signs for active ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
Cbus has appointed an executive to manage a new portfolio of active large-cap Australian stocks as the fund steps up its push to bring more of its assets in-house. The $100 billion industry fund has appointed Cooper Investments veteran Ryan Riedler ...

Magellan Financial Group 'redemption risks heightened'

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
Magellan Financial Group's fair value estimates have been cut by both UBS and Morningstar due to an increased risk of redemptions following the announced departure of head of investments and infrastructure Gerald Stack, who's leaving the firm in July. ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
... also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom had the largest stake among the top 20 list of security holders of 7.8% across 10 million shares, followed by chief ...

Dexus names funds management executives to steer growth

MATTHEW WAI  |  TUESDAY, 4 FEB 2025
Dexus has appointed two new leaders within its funds management business to drive growth and performance. Michael Sheffield has been appointed as executive general manager, funds management, where he will be responsible for the performance and operations ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
... to assign insufficient memory to handle the number of users in Batch Settlement for that day," the ASX's Incident Review report read. At the time, ASIC said it was "deeply disappointed by the incident and the impact it had on the market" and that the ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Jun Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, TenCap. On February 1, the Tribeca Alpha Plus Fund became the TenCap Alpha Plus Fund following Liu's separation ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
Resolution Life's trans-Tasman life insurer, Resolution Life Australasia, has completed the acquisition of Asteron Life New Zealand. The takeover, reported last year by Financial Standard, further cements Resolution Life as the second largest life insurer ...

Anthony Doyle joins Schroders as director

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025
Schroders Investment Management has nabbed former Firetrail Investments head of investment strategy Anthony Doyle to be its director of global equities investment. Reporting to Ray Macken, head of client group, Australia and New Zealand, Doyle is based ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... government has been aware of the scale of the problem dating back as far as November 2022, when the Dixon Advisory creditors report revealed that 4606 clients had lost a total of $368 million. "I am calling on minister Jones and Treasurer Chalmers to ...