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Showing 1181 - 1190 of 22753 results for "Funds"

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... in 2022. Ray, a lawyer and insolvency specialist, was shortly named FTX's chief executive and mandated to recover the funds. In 2023, Ray released a report detailing FTX's control failures under Bankman-Fried's leadership in the areas of ...

State insurer names new CIO as government review looms

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... designed to cover the costs of New Zealand's universal no-fault accident compensation scheme. So, unlike many pension funds focused solely on long-term growth, ACC must balance the need for returns with maintaining sufficient liquidity for ongoing ...

PRI chief executive David Atkin to step down

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... eventually swallowed up by Cbus. Atkin also has ties to the STA Superannuation Trust of Australia, one of the foundation funds that subsequently became AustralianSuper. The outgoing PRI boss is a former director of the Climate Council, Frontier Advisors ...

Insignia lost a suitor, but takeover isn't off the table: Morningstar

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... fundamentals improving, with better profitability from cost reductions, moderating new outflows, and the compounding of client funds," it said. Morningstar, despite lowering its fair value estimate for "no-moat" Insignia, still sees an even chance of ...

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
... the accumulation phase, with less than 60 pension or TTR members. It accounts for only $33 million of Prime Super's total funds under management. Those still invested in the option on June 4 will be moved over to the MySuper/Balanced option. The closure ...

Vanguard ETFs claim first, second, and third place for inflows

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... billion. Betashares noted that the combination of "very strong" ETF inflows and positive market performance pushed total funds under management in the Australian ETF industry to $258.9 billion - an increase of $8.8 billion, or 3.43% for the month. Over ...

Quinbrook Infrastructure Partners adds to APAC leadership

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... Quinbrook senior team for the past eight years and has been instrumental in raising considerable capital for multiple Quinbrook funds and establishing important relationships with our APAC investors," Scaysbrook added. "Quinbrook sincerely thanks Rob ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... performance of each returned 8.3%, 12.1%, and 14.7%, respectively, in the five years to 30 September 2024. "Over the long-term, funds with more illiquid investments such as unlisted infrastructure have experienced higher risk-adjusted returns, which ...

Bennelong partners with Allspring for fund launch

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
Bennelong Funds Management has partnered with Allspring Global Investments to distribute its global income strategy across Australia and New Zealand. Bennelong expects to launch the Allspring Global Income Fund as a unit trust in June this year, offering ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... the increased tax rate will also include taxing unrealised gains including assets and shares held in self-managed super funds. Chalmers added that the calculation of unrealised gains exists in other parts of the super system. "It's not unique to ...