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Showing 1161 - 1170 of 17049 results for "Global"

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... earners, despite suffering heavy outflows in recent years. Its fees continue to generate substantial revenue. The Magellan Global Fund, which has $8.4 billion in assets, collected $111.7 million in fee revenue, making it the second-highest fee-generating ...

Lakehouse Capital lists first fund on ASX

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
Boutique investment manager Lakehouse Capital, which manages $600 million, has listed its Global Growth Fund on the ASX today, its first publicly traded offering. Lakehouse Capital co-founder and chief investment officer Donny Buchanan said that listing ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
The Australian Financial Complaints Authority (AFCA) will expel United Global Capital's (UGC) membership effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... marking a 53% premium to Challenger's closing share price of $5.54 on April 4. MS&AD follows in the footsteps of Apollo Global Management, which slashed its shareholding in Challenger from 20.1% to 9.9% in September 2024, subsequently making MS&AD ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... equity risk premium was near-insatiable. Now, with Trump's new 'Liberation Day' tariffs representing a seismic shift to global trade, we have observed a marked change from idealism to hyper-realism," Neiron said. "Uncertainty will most likely prevail ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... York-based private investment firm that recently joined forces with Coastal Advice Group. It has partnered with more than 100 global firms that collectively manage $350 billion in assets.

Barings expands local wealth team

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Barings, the US$421 billion global asset manager, has recruited a sales director to help support its growth into the local wealth market. John Nicoll joins a growing Australian Sales team with 90 private credit, real estate and structured finance staffers ...

New gig for Challenger's ESG specialist

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... Pendal Group after three years. She joined Challenger as a risk professional in 2016 but quickly moved into ESG covering the global regulatory landscape, climate risk and PRI reporting, O'Meara is also responsible for the firm's modern slavery ...

Zurich Australia appoints investment chief

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... promoted from head of savings and investments, having held that position for four years. Chen - who has worked with the global insurance giant for nearly six years - will lead an investment team that manages over $7 billion in balance sheet assets across ...