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Showing 1151 - 1160 of 22744 results for "Funds"

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... for three fraud offences. Between January 2015 and April 2021, McCabe misled the investors by providing them with specific funds and access to foreign exchange trading accounts on a third-party platform. But in reality, investors were provided "test" ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... impact". "The transfer of the Australian Unity Property Income Fund is consistent with Australian Unity's strategy to focus its funds management business in areas where it can increase scale and impact, including its Platypus Asset Management business ...

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
The Association of Superannuation Funds of Australia (ASFA) and EY have released guidance to help superannuation trustees navigate key aspects of APRA's new prudential standard, CPS 230. CPS 230 will come into effect on July 1, making super trustees ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... and regulatory environment, along with broader superannuation industry trends, including the decline of corporate super funds. Prior to Qantas Super, he spent over 14 years at National Australia Bank (NAB), serving as chief executive of MLC's asset management ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... senior secured loans to US middle market borrowers. MA Financial will contribute to the investible capital via its managed funds. MA Financial Group head of global credit solutions Frank Danieli said the partnership is the "next evolution" in private ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... latter saying it was unlikely to achieve its objectives. TelstraSuper has decided to terminate the Heads of Agreement the two funds signed late last year, concluding it was not going to be in the best interests of TelstraSuper members. They had been ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
Two experts have said managed funds would be a more popular investment if they "took a little less for themselves". Speaking at the Stockbrokers and Investment Advisers Association's (SIAA) 2025 conference, experts working across listed investment ...

Scrutiny, costs major hurdles to boosting IPOs

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... was around changes in market structure, saying the increase in disintermediation in markets and rise of exchange-traded funds and separately managed accounts may prove efficient for the wealth management industry and its clients - but it's less positive ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... active managers are dying a death domestically because of all the in-housing of assets under management by industry super funds. So, asset management is tough, and ETFs are doing well." He said, when you then look at the advice sector, advisers are making ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... primarily driven by its recent merger with Spirit Super. The report also highlighted the continued expansion of industry funds in FY24, with their market share rising by 1.8% - from 38.2% to 40%. Industry fund growth came at the expense of self-managed ...