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Showing 11591 - 11600 of 22819 results for "Funds"

FEATURE: Alternatives - Taking the plunge

ALEX BURKE  |  TUESDAY, 28 JUL 2015
... investment. He learned that allocation to alternative assets - in particular, the two pillars of private equity and hedge funds - was rapidly increasing across the whole US institutional sector. "We've had US institutional allocations into alternates ...

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael Hallinan said ...

SIV opens door to China for fund managers

MARK SMITH  |  MONDAY, 27 JUL 2015
... China. The new rules stipulate that at least $500,000 of the minimum $5 million investment must go into venture capital funds and $1.5 million must go into 'emerging companies', providing a boon to the productive parts of the economy. Some commentators ...

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... model," ISA chief executive David Whiteley said. ISA's submission argued that "the proof is in the pudding, with industry funds outperforming bank owned retail funds by 2% over the eleven years to June 2014, while avoiding the scandals that have ...

Nikko announces Americas sales head, new products

MARK SMITH  |  MONDAY, 27 JUL 2015
... meet the sophisticated needs of investors in the Americas." Nikko has also announced that it is launching two new UCITS funds this month that invest in global equities and multi-asset. These institutional quality strategies will allow sophisticated global ...

ASFA appoints independent chair

MARK SMITH  |  MONDAY, 27 JUL 2015
The Association of Superannuation Funds of Australia (ASFA) has appointed its first independent chair following Jim Minto's decision to retire from the role and as a director on 30 July. Minto was appointed chair in November 2013, and has been an ASFA ...

Agribusiness fund launched by former Telstra Super exec

DARREN SNYDER  |  MONDAY, 27 JUL 2015
... to "institutionally" structure investment opportunities in the agribusiness space that will appeal to both superannuation funds and private investors. Headed by former Telstra Super executive Robert Talevski and professional agriculture investor Summer ...

Fiducian appoints former Media Super chief

ALEX BURKE  |  FRIDAY, 24 JUL 2015
... superannuation. Ross Martin was previously Media Super's chief executive from 2003 to 2012. During that period, Media Super funds under management grew from $600 million to over $3 billion. In addition to his new role as head of superannuation, Martin ...

NAB refunds $25m to Navigator Wrap customers

ALEX BURKE  |  FRIDAY, 24 JUL 2015
... April 2015. These issues resulted in, according to NAB's statement, "surplus monies being held within the Navigator Platform Funds for the benefit of fund customers, rather than being attributed at the individual customer account level." NAB noted that ...

Macquarie awarded $2bn in mandates

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... follow-on investments in five different countries, reaching a total equity under management of $1.4 billion. MIRA's managed funds also undertook net divestments, although Macquarie did not give more information. The group saw performance fees reach $208 ...