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Showing 1171 - 1180 of 5178 results for "Fund manager"

GAM records $19bn in outflows

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
The global fund manager saw its profits fall 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income. GAM has reported a pre-tax loss of $3.05 million compared to a profit ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... senior BDM at an investment platform can expect to be paid between $140,000 and $190,000. Those working for a retail fund manager should see between $160,000 and $200,000, while institutional funds management BDMs can command between $170,000 and $250,000. ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
The global private markets fund manager has hired multi-boutique GSFM's head of research and key accounts. Shaun Thomas joined Partners Group last week, as a client relationship manager. He reports to Partners Group's local head of retail Jonathan ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... market of ca $3.15 per share - the stock remains one of our larger holdings." A spokesperson for Lazard said the fund manager does not comment on individual holdings. However, its decision to sell below the 5% threshold for significant ownership comes ...

AMP Capital names real estate head replacement

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... value her contribution to the wide and diverse views in the leadership group." O'Connor joined AMP Capital in 2015 as fund manager for AMP Capital Diversified Property Fund, before taking on the role of chief operating officer in 2018. She has 25 years' ...

GQG Partners wins $20m mandate

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... said. Last month, GQG trimmed the management fees for the global equities fund from 0.90% to 0.75% per year. The US fund manager, which is led in Australia by former head of retail investment sales at Colonial First State Laird Abernethy, has had a great ...

Invesco inks ESG plan

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
... Task Force on Climate-related Disclosures (TCFD) framework in its inaugural climate change report. The US$1 trillion fund manager signed the Statement of Support for the TCFD in March 2019, aiming to leverage it for engagement activities and to implement ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... for FY21, after which it will go to $2000 plus GST per rebate agreement from next financial year. As an example, a fund manager offering fee rebates on one fund to 10 advisers, licensees or managed accounts providers will end up paying $20,000 to Netwealth ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
The Prime Minister has said it is not the government's place to tell Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...