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GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... The strategy which attracted the most net flows (US$1.2 billion) over October was its largest, International Equity, which now sits at US$61.7 billion. GQG's International Equity strategy has delivered 17.1% year-to-date, compared to its benchmark ...

Payton Capital eyes 'extensive growth', hires four

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... expanding into Sydney was a natural progression for us," Payton said. "With a growing team in our new Sydney offices, we're now expanding our reach into newer markets, with further growth on the horizon." Payton Capital was acquired by HMC Capital ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... fund's online customer portal, CSC Navigator, has gained traction since launching in February 2023, with over 47% of customers now signed up. Another milestone was reached in November 2023 with the successful transition of ADF Cover to the new platform ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... "You previously named and shamed Qantas in the Shonky Awards [when working at Choice]... you've been on the consumer side, now you're at the regulator. What do you think about managing real and perceived conflicts of interest?" Pocock asked. Kirkland ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Former and now incoming US President Donald Trump secured his victory in the US federal election, and with concerns over his proposed tariffs, Australian investors may feel the brunt of his policies. The main concern for Australian investors now is ...

Betashares launches ethical fixed income ETF

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... this investment category," he said. The strategy is the ninth in Betashares' ethical and responsible range, which has now amassed a combined funds under management (FUM) of $5.6 billion as at September 30. Earlier this year, Betashares highlighted ...

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... the fund's merger with ART will be treated as offset accounts. Accounts with a negative balance as of 31 October 2024 will now increase or decrease in line with investment returns, mirroring the adjustment applied to offset accounts. Qantas Super noted ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... Bloxham said the decision to leave rates on hold was a surprise to no one, but given the tone from the central bank, there is now a small chance interest rates may not move at all in 2025. "Our central case is that the RBA's first cut will not arrive ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... requirement to perform transparency calculations which had been used to determine whether an instrument was liquid. We will now rely instead on a set of reliable proxies to determine whether an instrument should be categorised as liquid." Overall, the ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... price plummet by close to 50%. The report found there were "governance and cultural concerns" plaguing the casino operator. Now, Star is facing a fresh inquiry from the Queensland government which is examining potential criminal links at the casino. ...