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Showing 1101 - 1110 of 7970 results for "Total"

Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
... breaking cycles of disadvantage. It is really powerful to have them on board." CIM currently has more than $300 million in total funds under management and is targeting $500 million AUM, Tominc said. CIMSHF2 will work closely in partnership with the ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... estate deals offer the potential for income yield and capital growth. "While it is a sophisticated investment product, the total management fee has been exclusively negotiated for a very competitive institutional price for clients of LGT Crestone in ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... the cost of their insurance. Under the moratorium, insurers can only request or use the results of a genetic test if the total amount of cover for an individual - including that being applied for and any other existing cover, like group insurance, met ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
... for Origin. Should the alternative transaction be executed, it's anticipated that Origin shareholders would receive a total cash payment of approximately $9.08 per share. AustralianSuper quashed the proposal, contending that it substantially undervalues ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... clients; issued over 3000 non-compliant fee disclosure statements to more than 2000 clients; and charged 761 clients a combined total of more than $4.7 million in fees for services not delivered. In total, close to $14.5 million in inappropriate ongoing ...

Macquarie brings long-awaited ETFs to market

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... Brett Lewthwaite, alongside senior portfolio managers David Hanna and Andrew Vonthethoff. Finally, MQWS targets a long-term total return that exceeds the MSCI World ex-Australia Index (in AUD unhedged) with net dividends reinvested, investing in companies ...

Scarcity Partners brings private equity investment model to Australia

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
Scarcity Partners has launched a private equity investment model that enables investors to take direct equity stakes in investment and asset managers at the General Partner level. The Scarcity GP Access Fund, founded by asset management executives ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... over $340 million being distributed to 4.9 million people. Homing in on complaints, AFCA said it's received 402,346 in total, 97,000 of which were in the last financial year. Of the total complaints received, 68% were resolved by agreement, while ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... challenges that await include retaining or gaining customers, and finding ways to stem revenue contraction. KPMG valued total fintech investment at $349 million in the first half of 2023 - a sliver of the $3.3 billion made during 2022 - as investors ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... agreement on June 27, before finally agreeing in full in with the signing of a successor fund transfer deed on October 20. In total, it will add 63,700 to ART's existing 2.3 million members, bringing $12.3 billion in retirement savings with them. ...