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Showing 1181 - 1190 of 5002 results for "CAM"

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
Wealth management company Netwealth has announced its investment and partnership with data solutions fintech Xeppo. Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not ...

Local fundie to manage US funds

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
An ASX-listed fund manager will take over the management of two funds with about $130 million in US-based assets, under a revenue share agreement with a joint venture partner. Auctus Investment Group's asset management subsidiary will become the fund ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
Two major industry superannuation funds have this week made bold statements about their stance on climate change, but critics argue it may be "virtue signalling" with little substance. UniSuper announced this week it is committed to achieving net zero ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
New research from the University of Sydney suggests that raising the superannuation guarantee to 12% will send fees through the roof. The study conducted by Cameron Murray, economist and research fellow at the University of Sydney, found that increasing ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
They came, they deliberated, they...well...didn't do anything. At its September 10 meeting, the European Central Bank's (ECB) governing council decided to keep interest rates unchanged - repo rate at 0.00%; marginal lending facility rate at ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
Fresh off the back of buying an 18.3% stake in Evans Dixon, 360 Capital has tallied up another victory as unitholders of a credit LIC it tried to take over voted in its favour. Unitholders of the Australian Enhanced Income Fund (AYF) yesterday afternoon ...

Former QSuper chief joins NZ Super Fund board

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
The former QSuper chief and the current chair of Commonwealth Bank's staff superannuation fund has been appointed to the board of the $44 billion NZ Super Fund for a five-year term. Rosemary Vilgan will join the board of guardians for NZ Superannuation ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
A $52 billion super fund has updated its product disclosure statements to exclude investment in any company that provides services to detention centres. HESTA said the change is part of its responsible investment approach and will come into effect 1 ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
The founder of a distressed debt hedge fund faces civil and criminal charges in the US, after it was found he abused his position in the bankruptcy proceedings of luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged ...